Singapore’s sovereign wealth fund GIC has acquired a ‘significant minority’ stake in Provenance Land for an undisclosed amount, the realty firm said. GIC had in December last year bought 33.34 per stake in DLF’s rental arm DLF Cyber City Developers Ltd (DCCDL) for about Rs 9,000 crore. — The Economic Times

Veritas Legal advised Provenance Land Private Limited, which also owns India’s first Four Seasons Hotel, led by a team of partner Abhijit Joshi, senior associate Siddharth Prasad and paralegal Aditya Thakore.

Also advising were AZB & Partners and Wadia Ghandy & Co.

2018-08-20

Deal value: CONFIDENTIAL

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