New Delhi, Sep 4 (PTI) Arbour Investments has picked up a stake in real estate services firm Justo with an infusion of USD 7 million (around Rs 58.78 crore) as equity and debt.

In a statement, Arbour Investments said it has "partnered with a significant stake in Justo...This strategic investment of stake, involving a total of USD 7 million (USD 5 million in equity and USD 2 million in debt)".

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Arbour Investments is a real estate investment firm, while Justo provides sales and marketing services in real estate.

"The stake in Justo will enable Arbour Investments to expand its service offerings by integrating Justo's specialised expertise in the mid-ticket size property segment," it added.

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The company did not disclose how much stake it has acquired in Justo.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)