Man Infraconstruction Ltd has acquired a 15.385% stake in a US real estate joint venture, 1250 JV LP, through its subsidiary MICL Global, Inc. and associate Admire 1250 LLC, for an initial investment of $10 million. This strategic move aims to bolster Man Infra's presence in the US real estate market.
Man InfraconstructionReal EstateUs MarketJoint VentureInvestmentReal EstateAug 29, 2025
Man Infraconstruction acquired a 15.385% stake in 1250 JV LP, a joint venture based in Delaware, USA.
Man Infraconstruction contributed an initial cash amount of $10 million for the acquisition of the stake in 1250 JV LP.
The primary focus of 1250 JV LP is on real estate development in the United States.
No, the promoters of Man Infraconstruction hold no personal interest in the joint venture, ensuring a clear focus on business objectives.
This acquisition is significant as it marks Man Infraconstruction's first major investment in the US real estate market, helping to diversify its portfolio and expand its international presence.
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