Search Results for:Madhurima Nandy
The sale of Hines’ share in the 800,000 sq. ft office tower may fetch around ₹700-800 crore.
Its first fund—Cerestra Edu-Infra Fund—was a domestic alternate investment fund (AIF) that raised around Rs1,000 crore and bought out income-generating assets in the education-infrastructure space.
Embassy Office Parks, the first to register a REIT with SEBI last year, has delayed its application for a listing till June, following uncertainty over including a key asset in the trust.
NBFCs are aggressively lending to residential projects leading to downward pressure on rates, making it challenging for local PE funds.
This is the first acquisition after CPPIB earlier this month said it has invested an additional Rs938 crore in Island Star, a platform it co-owns with Phoenix Mills.
Shriram Properties has four large investors at the company level—Walton Street Capital, Starwood Capital, Tata Capital and TPG Capital.
Realty firms are raising equity capital, selling land, exiting long-term projects and non-core business.
India’s commercial real estate sector has been a saving grace with the residential sector witnessing a slowdown that has lasted for over four years now. Bengaluru and Hyderabad have led the office space leasing momentum.
It is set to cross the $5 billion mark across different asset classes including office, shopping malls and residential.
This is in line with Mumbai-based firm Indiabulls’s strategy to exit Chennai.