FoxMandal Little has acted as legal advisor to US-based Vornado Realty Trust with respect to its recent 50:50 joint venture, worth approximately US$500 million, with Mukesh Ambani-led Reliance Industries. The deal between Vornado, one of the largest owners and managers of real estate in the United States, and Reliance aims to set up real estate development projects including malls and shopping centres in India.
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