Reco Jade Ind Pvt Ltd, a unit of GIC (Realty) Pte Ltd of Singapore, has signed an initial agreement to buy a minority stake in Prestige Estate Projects’ wholly-owned subsidiary Prestige Exora Business Parks. Prestige Estates Projects informed about the agreement in a filing to the stock exchanges on Monday. Shares of Prestige Estate Projects closed 5.6 per cent higher at ₹331.85 on the NSE.
Previous Story Nikkei leads Asia higher; European bourses seen opening up
MORE FROM BUSINESSLINE
Getting recommendations just for you...
- Comments will be moderated by The Hindu Business Line editorial team.
- Comments that are abusive, personal, incendiary or irrelevant cannot be published.
- Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
- We may remove hyperlinks within comments.
- Please use a genuine email ID and provide your name, to avoid rejection.