India’s customs house forecourts $300m deal with a private equity firm

The Indian government has struck a deal with the private equity giant Kohlberg Kravis Roberts (KKR) for a $300 million investment in a luxury customs house in the western Indian city of Hyderabad.The move will see Kohlenberg Kravis' private security company, Paragon Security Services (PSS), become the prime contractor for the project.It will have a presence in the city's sprawling

Read More

Why are the custom house forecourts still in use?

A few months ago, I stumbled upon an article that described a couple of houses in the Melbourne suburb of Dandenong that were being sold for about $4 million. The story was about a pair of custom house Forecourts that were installed in the forecourt of the home of a wealthy family who had built it over 20 years ago.The houses

Read More