GIC unit to purchase Chennai land parcel for $86m

GIC unit to purchase Chennai land parcel for $86m

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Brigade Properties, a joint venture platform between realtor Brigade Group and Singaporean sovereign wealth fund GIC, will be purchasing a Chennai land parcel from Kansai Nerolac Paints for $86 million. The property is 15.86 acres and located in Perungudi, a Chennai suburb.

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