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Shopping Centres
Virtuous Retail buys two Tata Realty shopping malls For Rs 700 crore
Tata Realty has sold two shopping malls in Amritsar and Nagpur to Singapore-based Virtuous Retail South Asia for Rs 700 crore.Virtuous Retail South Asia Pte Ltd (VRSA) is the retail arm of private equity firm Xander.The shopping mall at...
Shopping Centres
Virtuous Retail South Asia to invest US$ 340 million in Mumbai Metropolitan Region
Virtuous Retail South Asia Pte. Ltd. (VRSA) announced an investment of US$ 340 million (Rs 2,400 crore) in a retail-anchored project in the Mumbai Metropolitan Region. The firm has acquired a prime ~20-acre land parcel from Raymond Limited for...
Retail Hub
Virtuous Retail South Asia raises US $175 million new equity from APG and Xander expand their year-old joint venture
Virtuous Retail South Asia Pte. Ltd. announced that it had raised US $175 million of additional equity from APG Asset Management, one of the founding shareholders of the company. The new equity raise augments the existing growth capital commitment...
Retail Hub
Virtuous Retail South Asia acquires North Country Mall for Rs 700 crore
Developer-operator of lifestyle shopping malls Virtuous Retail South Asia (VRSA) said it has acquired 2 million sq.ft. North Country Mall in Punjab from Sun Apollo-Gumberg for Rs 700 crore.
With this acquisition, VRSA establishes its presence in North India, adding...
Retail
APG, Xander form $450 mn JV, create fully integrated retail real estate company
In the largest single deal in the retail real estate sector in India, Dutch pension fund asset manager APG Asset Management (a Dutch pension fund asset manager) and Virtuous Retail (VR), sponsored by leading emerging markets investment firm The...
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Latest News
Indus Valley Cosmetics to Invest ₹40 Crores in R&D
The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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