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Ascendas pours in USD 290 million and signs JV with Indian company

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Singapore based industrial property developer Ascendas revealed that its private property fund Ascendas India Development Trust has signed a JV to develop a USD 290 Million venture.
The 50:50 JV with India realty fund IREO will develop an IT SEZ and a combination of commercial and residential development accumulation of 53 acres in Coimbatore in the State of Tamil Nadu. For more real estate updates browse www.propertykhazana.com.
Source: NBTVLIVE

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