Mapletree, a property investment unit of Singapore state-owned Temasek Holdings, announced on Monday that its private real estate fund, Mapletree India-China Fund (MIC Fund), is developing a property worth US$320 million in China’s Guangdong Province. This is MIC Fund’s third investment in China after its investments in a residential and retail development in Xi’an and […]
Tag: Technology
Marks And Spencer Confirms Joint Venture With Reliance Retail
April 19, 2008 – 6:32 am
Marks & Spencer is to enter into a joint venture aimed at establishing itself as a major retail brand in India. The JV is with Reliance Retail, part of the Reliance Industries Group. Marks & Spencer will take a 51% interest in the venture, with Reliance Retail taking the remaining 49%.
