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GIC to invest S$425m in two India property projects

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GIC Real Estate Managing Director and Co-Head Asia Loh Wai Keong says GIC is confident about India’s long-term growth potential. SINGAPORE: Singapore sovereign wealth fund GIC will invest Rs 1,990 crore (S$425 million) in two upcoming property projects in central Delhi, as part of a joint venture agreement with India’s DLF Home Developers Ltd (DHDL)….

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