Eredene Capital PLC invests in logistics centres in NCR, Uttaranchal and Punjab | INRnews
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London, UK, October 08, 2007 - Eredene Capital PLC (AIM: ERE), the AIM quoted Indian Property Developer, today announced that its wholly-owned subsidiary Aboyne Mauritius Limited (together the “Eredene Group”) has acquired a major stake in a Container Freight Station (CFS) to serve the Indian port of Pipavav. This is the Eredene Group’s second real estate investment in a CFS in India, where there is rising demand for container service facilities, and its third investment since shareholder approval of its broadened investment strategy.