Eredene Capital Fund invests in Nashik mall
UK-based Eredene Capital Fund has invested in an 800,000 sq.ft. mall in Nashik city in Maharashtra. The fund has taken a 50% stake in the property and expects to make a 40% return on its investment. The mall will be ready in 2008 and has already got tenants such as Fab India, McDonalds and Pantaloon.
By INRnews Correspondent
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