Yatra Capital is to be the first Indian real estate company to list on the Euronext stock exchange following the placing of 10 million ordinary shares of EUR 10 each. This gives it an initial market capitalisation of EUR 100 mln. Once bank borrowings are taken into account it will have around EUR 200 mln to invest.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
