GIC in race to fund special economic zone in India

The Economic Times 5 Aug 2013
NEW DELHI: Real estate investment company Unitech Corporate Parks has shortlisted two global private equity funds, a sovereign wealth fund of Singapore and a Canadian pension fund to make second round of bids for its 3.6 million sq ft IT special economic zone in Gurgaon near Delhi.
A person close to the development said the company has invited London-based Xander, New York-headquartered Blackstone, Singapore's GIC and the Canadian Pension Fund for the second round of bidding. Full story

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