Centrum Housing to get Rs 190 crore from Morgan Stanley Private Equity
4 years, 11 months ago

Centrum Housing to get Rs 190 crore from Morgan Stanley Private Equity

Hindustan Times  

Centrum Housing Finance Limited has entered into an agreement to raise Rs 190 crore of equity from a fund managed by Morgan Stanley Private Equity Asia. CHFL said that the fund managed by Morgan Stanley Private Equity Asia will be the “first external institutional investor” in the company. Arjun Saigal, co-Head of Morgan Stanley Private Equity Asia in India, said that there is tremendous opportunity in the affordable housing space in the country. Morgan Stanley Private Equity Asia manages third party money funds in Asia-Pacific and so far has invested in the region for over two decades.

History of this topic

Puravankara launches ₹750 cr fund to invest in affordable housing projects
2 years, 8 months ago

Discover Related