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Trikona Capital and its JV partner signs new deal

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As per to the sources saying @ the www.propertykhazana.com, Trikona Capital has signed another project with its JV Partner SachsenFonds Holdings GmbH worth 156 million USD. Trikona is a top Fund Management Firm for institutional investments in Indian Infrastructure and SachsenFonds is investing USD 70 Million for new 4 ventures relating infrastructure development in India. Recent executed dealings spots the 3rd in the sequences of deals among Trikona and SachsenFonds. Two units launched their bond in December 2007 with Trikona’s selling property in its Trikona Trinity Capital PLC fund to SachsenFonds for about USD 65 Million.
All over again these two companies tied up in June on a contract esteemed at USD 150 Million and relating in the re-establishment of middle-class residential and lavish residences on 4 acres in Mumbai. Jointly, the three dealings have yielded revenues totaling USD 300 Million, making up an average return of 120%. Trikona invested in India’s high growth industry segments. Company portfolio of realty investments entails housing and commercial assets, and infrastructure development.
SachsenFonds is a partition of Kanam Gruppe – leading German Fund Manager showing about USD 21 Billion in the investments. For more updates on realty markets browse www.propertykhazana.com.
Source: NBTVLIVE

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