Plaza buys out JV partner in Indian development

By A staff reporter 2008-11-04T00:00:00

Plaza Centers, the emerging markets retail developer, has bought the 50% stake its joint venture partner, the Avinash Bhosale Group (ABIL), held in their Koregaon Park development in Pune, Western India for a total of $20 mln (EUR 15.6 mln).

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