Citigroup Property Investors

Citi Property to invest $120 million in luxury hotels

Indiaretailing Bureau - February 14, 2007

The New York-based Citigroup Property Investors (CPI) will invest up to $120 million in Bangalore-based Nitesh Estates’ luxury hotels.CPI, which is among the biggest private equity investors in the Indian real estate market, recently transacted a $100-million five-star hotel...

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