MoneyWorks4Me

Prozone Intu Properties sells whole 25% investment in Moontown Trading Company

06 May 2021 Evaluate

Prozone Intu Properties has sold its whole 25% investment in Moontown Trading Company (Moontown), consequently Moontown Trading Company ceased to be a Joint venture of the Company. Moontown Trading Company was a joint venture between Prozone Intu Properties and Shalom Voyagers.

Prozone Intu Properties is specialist retail and residential led mixed use real estate developer, harnessing Intu Properties Plc (INTU) experience as UK’s largest retail real estate developer combined with Prozone in-depth knowledge of the Indian retail marketplace.

Peers
Company Name CMP
Lodha Developers 1169.60
Prestige EstatesProj 1484.00
Dilip Buildcon 413.10
DLF 676.15
Oberoi Realty 1859.50
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