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Nitesh Estates concludes partnership platform agreement with Goldman Sachs

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Capital Market

Goldman Sachs to invest through Nitesh Estates SPVs, Associates, Subsidiaries, JVs etc.

Nitesh Estates announced that the conclusion of 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.

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First Published: May 14 2015 | 1:34 PM IST

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