Friday, April 4, 2008

Triangle realty fund buys 27% in Prozone arm

Triangle Real Estate India Fund, co-promoted by ICS Group and Old Mutual Investment Group Property Investments (OMIGPI), has inked an agreement to invest Rs 457 crore for a 27% stake in a Prozone Enterprises subsidiary. The firm has stake in four projects being developed in Aurangabad, Indore, Nagpur and Jaipur, covering approximately 16 million sq ft.
Triangle realty fund buys 27% in Prozone arm- MF News-Mutual Funds-Personal Finance-The Economic Times

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