Singapore’s Temasek Holdings Pte and GIC Pte, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority are in advanced talks to invest in Everstone Group’s $2 billion real estate investment trust (Reit) offer, three people aware of the development said. The offering by Everstone Group’s industrial and logistics real estate development platform, IndoSpace, is set to become one of the biggest fund-raisings through a private Reit in India. These offerings are sold to a handful of big investors.
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