Arbour Investments Acquires Stake in Real Estate Firm Justo
Arbour Investments has acquired a significant stake in real estate services firm Justo through a USD 7 million investment, combining equity and debt. This partnership aims to expand Arbour Investments' service offerings by leveraging Justo's expertise in the mid-ticket size property segment. Details on the exact stake acquired have not been disclosed.
- Country:
- India
In a strategic move, Arbour Investments has acquired a substantial stake in the real estate services firm Justo, with a USD 7 million infusion that encompasses both equity and debt.
Arbour Investments confirmed this partnership in a statement, revealing that the investment includes USD 5 million in equity and USD 2 million in debt.
Justo, known for its sales and marketing prowess in real estate, will assist Arbour Investments in their expansion into the mid-ticket size property market segment. The specifics of the stake acquired remain undisclosed.
(With inputs from agencies.)
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