Real Estate
Global investment firm Temasek and Singapore's Ascendas-Singbridge today announced plans to invest Rs 2,000 crore in India's logistic and industrial real estate segment. Ascendas-Singbridge has launched Ascendas India Logistics Programme, in which Temasek is a principal investor. "Temasek and Ascendas-Singbridge Group have jointly committed Rs 20 billion (approx Singapore dollar 400 million) to invest in logistics and industrial real estate in key locations in India," Ascendas said in a statement. Ascendas-Firstspace, the platform established by Ascendas-Singbridge and Firstspace Realty in 2017, will execute the investment strategy for the programme, it added.

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