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SP Student Housing

Sector: Education • Location: India

Source: International Finance Corporation (IFC)

Project
Pending

The proposed project entails an IFC equity and debt investment of up to US$18.75 million (approximately INR 1,650 million) each, aggregating to up to US$37.5 million (approximately INR 3.33 billion), in Invesdian Pte. Ltd., a newly established student housing platform (the Platform or the Company) to be managed by SPIRE Investment Manager Pte. Ltd. (SPIRE) (). Roche Holdings Lt

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The project “SP Student Housing” is an infrastructure initiative in the Education sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed project entails an IFC equity and debt investment of up to US$18.75 million (approximately INR 1,650 million) each, aggregating to up to US$37.5 million (approximately INR 3.33 billion), in Invesdian Pte. Ltd., a newly established student housing platform (the Platform or the Company) to be managed by SPIRE Investment Manager Pte. Ltd. (SPIRE) (https://spireim.com/). Roche Holdings Ltd., Mauritius, wholly owned by Mr. Shapoor Pallonji Mistry will serve as the Sponsor of the Platform. The Platform is focused on the development, ownership, and operation of a portfolio of purpose-built student accommodation (PBSA) projects catering to students of higher education institutions (HEIs) in India.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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