The Economic Times, 2 Feb 2012MUMBAI: GIC Real Estate, a part of Singapore government's sovereign fund GIC, is investing over $100 million in a Godrej Properties office project in Mumbai's Bandra Kurla Complex.
Recently, Godrej Properties' managing director and chief executive officer designate Pirojsha Godrej had admitted that the company's debt-equity ratio is on the higher side and said it was looking to reduce the debt by monetising commercial assets in Kolkata and Vikhroli. Full story
