JPMorgan Reducing Residential Realty Exposure
  • Prabha Hedge
  • Jan 14 2014

January 14: In a move that could significantly reduce its exposure to real estate in India, renowned global banker and financial services provider, JPMorgan is planning to exit a major portion of its real estate investments in India. Bloomberg TV India learns exclusively that the company is looking to move out of real estate investments valued at over Rs.1,000 crore, that it has invested between 2007 to 2013. Sapna Dhanwani shares a detailed report.