Israeli mall giants, which own many prime retail-linked realty assets
across the world, are buying into India=92s big buck retail story. Tel
Aviv-based mall giant Gazit Globe has tied up with one of the HDFC
funds to pump in $150 million into developing assets, including
supermarket anchored retail play. Another Israeli major, Big Shopping
Group, has teamed up with Lehman Brothers Real Estate Private equity
to set up =91open malls=92 in tier I and tier II cities. For more detail
visit http://www.magicbricks.com
