Notoriety Estates Projects Wholly claimed Subsidiary signs term sheet with GIC arm

Mumbai, March 03, 2018: Prestige Estates Projects Limited said that its completely claimed auxiliary Prestige Exora Business Parks Ltd (“Exora”) and Reco Jade Ind Private Limited (“Reco”), a backup of GIC (Realty) Pte Limited, Singapore have gone into a preparatory term sheet in connection to a conceivable noteworthy minority venture by Reco in Exora, which possesses straightforwardly/by implication various office properties, both working and under development, organization said in a documenting with BSE Reacting to the news the Shares of Prestige Estates Projects Limited rose by 3.34 percent on BSE to exchange at 327.55 at 1245 hrs. The stock hit an intraday high of Rs. 328.70 and intraday low of 317.90.