The Government of Singapore sold 299,305 shares of Prestige Estates Projects for ₹34.48 Cr at ₹1152.00 apiece in an open market transaction, decreasing its stake from 0.52% to 0.45%.
A vertically integrated real estate developer operating across residential, commercial, office, retail, hospitality, and warehouse segments throughout India. Prestige Estates maintains operations in more than twelve major cities and manages a diverse portfolio of properties across multiple asset classes and customer segments. The company's multi-segment business model and geographic diversification distinguish it within India's competitive real estate development sector.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.
