GIC Brigade Joint Venture Acquires Nerolac Paints Land

Posted on 08/06/2015


Brigade Properties is a joint venture between Singapore’s GIC Private Limited and Brigade Enterprises. The joint venture acquired 15.86 acres of land in Chennai from Kansai Nerolac Paints Ltd., a subsidiary of Japan-based Kansai Paint, for Rs 550 crore (US$ 86 million). The parcel is located on Perungudi on the Old Mahabalipuram Road in Chennai. […]

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