Tag Archives: Real Estate Limited

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 of return [...]