Tag: Information Technology Park

Red Fort Capital Will Invest Rs 40 Billion In India

Red Fort Capital, a Cayman Islands-based private equity fund focused on real estate development, is in the advanced stages of negotiations with six developers for projects worth Rs 40 billion in the metropolitan areas across India. The fund will be developing an information technology park in Kolkata with Godrej Properties, with Red Fort holding a […]

Acacia buys $69m stake

MANAMA: Acacia Real Estate Limited has obtained 49 % of an Information Technology Park in India. Logix TechnoPark is located in Noida – a master planned city adjacent to Delhi. Acacia is the real estate company that Bahrain-based TAIB Bank spearheaded in December 2006. Total acquisition cost was $69 million. With a projected internal rate […]