Virtuous Retail is an institutionally owned developer and operator of shopping centres. Established in 2007, Virtuous Retail is a joint venture between Singapore-based Xander Group and the Dutch institutional investor APG. Its India chapter is based out of Bangalore.[1]
The company currently owns and manages six shopping centres in India: VR Bengaluru, VR Chennai, VR Punjab, VR Surat, VR Ambarsar and VR Nagpur. In September 2019, Virtuous Retail announced the acquisition of three more shopping centres, Bangalore (Mantri Arena), Delhi and Mumbai, at a combined cost of $500 million,[2] including the purchase of a 20-acre land parcel in Thane[3] from Raymond Group for $100 million in October 2019.
^"Virtuous enters Delhi real estate". Economic Times. 19 April 2018.
^"Virtuous Retail acquires three malls for $500 mn". Live Mint. 24 September 2019.
^Babar, Kailash. "Xander's Virtuous Retail Buys 20-acre Raymond land parcel in Thane for over Rs 710 crore". The Economic Times. Retrieved 29 September 2020.
VirtuousRetail is an institutionally owned developer and operator of shopping centres. Established in 2007, VirtuousRetail is a joint venture between...
(previously known as Trilium Amritsar) is a flagship shopping mall of VirtuousRetail situated in Circular Road, Amritsar, Punjab, India and is the largest...
operated by VirtuousRetail South Asia Pte Ltd. VR Bengaluru is part of a mixed-use development which includes residential spaces, a retail arcade and...
feet (171,000 m2) built-up area with 1,000,000 square feet (93,000 m2) of retail space. VR Chennai was opened on 18 June 2018. The 10-screen PVR Cinemas...
Forest and Climate Change. Retrieved 6 August 2018. "VR Surat". "VirtuousRetail's Inaugural Flagship Centre - VR Surat Opens with Paresh Maity presenting...
who are likely to want to be “virtuous” by avoiding damage to the environment or animals are also likely to want “virtuous” food in the form of simple ingredients...
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Encyclopedia of Communication. Retrieved 2012-11-07. Norris, Pipa Norris. A Virtuous Circle: Political Communications in Post-Industrial Societies. pp. 1, 2...
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Development Report 2005, prepared by Centre for Development Studies envisages a virtuous phase of inclusive development for the state since the advancement in human...
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