Brigade Group and GIC Singapore Acquire Landmark Property
Brigade Group and GIC Singapore will develop an IT Special Economic Zone (SEZ) of over 3 million sq. ft. in the landmark location of Brookefields, Whitefield, Bangalore. The Asset is located in Whitefield, one of Bangalore’s two major IT hubs. Enjoying a large frontage on the ITPL Main Road, the site provides natural connectivity to the two IT hubs – Whitefield on one side and Outer Ring Road on the other.
"Brigade Group is happy to extend its association with GIC, a leading global investment organization with strong values and vision that are in sync with ours. The SEZ project at Brookefields will further strengthen our partnership. We are also excited about the opportunity to develop another landmark project in Bangalore on this strategically located site."
M.R. Jaishankar, CMD, Brigade Group
Brigade Group already has a strong association with GIC Singapore, which is among the world’s largest fund management companies and a leading global investment organization, through its first joint venture project – Brigade Cosmopolis. Brigade Cosmopolis is a well-conceived, high-end residential project with several amenities coming up at the heart of Whitefield, Bangalore, and when completed, will be home to over 880 families. It is under construction and has been very well received in the market.