Monday, March 3, 2008

ACACIA lands first deal in India

Acacia Real Estate Limited, the real estate company that Bahrain-based TAIB Bank spearheaded in December 2006, today announced that it acquired 49% of Logix TechnoPark, an Information Technology Park in Noida - a master planned city adjacent to India's national capital, Delhi. Total acquisition cost was $69m.

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