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GIC partners Tishman Speyer in Hyderabad JV

Published Thu, Oct 22, 2015 · 09:50 PM

Singapore

SINGAPORE'S sovereign wealth fund GIC announced on Thursday that it has partnered New York-based real estate company Tishman Speyer to co-own an office development project in Hyderabad, India.

The partnership will be in the form of a 50-50 joint venture.

Located near the high-growth financial district employment corridor in the capital of southern India's Telangana state, the total area of the project will be 2.5 million sq ft upon completion. It will…

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