MoneyWorks4Me

Nitesh Estates inks partnership agreement with Goldman Sachs

14 May 2015 Evaluate

Nitesh Estates has completed the partnership platform agreement signing (MOU) with Goldman Sachs, a leading global financial institution to jointly invest / acquire income producing office buildings, Shopping Malls and Luxury Hotels across India.

Under this platform arrangement, Goldman Sachs will make investments through Nitesh Estates SPVs, Associates, Subsidiaries, JVs etc., as the case may be asset class wise. This partnership is a significant development to the company and will increase the asset base of the company in next 3 to 5 years.

Nitesh Estates is a leading integrated property development company headquartered in Bangalore. The company provides world-class products and services and has presence across four asset class - Homes, Hotels, Office Buildings, and Shopping Malls.


Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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