Blackstone Acquires South City Mall for Rs 32.5 Bn
ANAROCK Group, one of India’s foremost independent real estate services firms, has successfully advised Blackstone on its acquisition of South City Mall in Kolkata for a transaction value of Rs 32.5 billion. ANAROCK served as the sole transaction advisor for the landmark deal.South City Mall is widely regarded as a premier retail destination in East India. Spanning more than one million square feet, it houses over 150 international and Indian brands. With an average annual turnover exceeding Rs 18 billion, the mall features the region’s largest food court, a multi-level parking facility fo..
Viva ACP Secures EPD Certification for Sustainable Cladding
Viva, Asia’s largest manufacturer of aluminium composite panels (ACP), has announced the successful release of its Environmental Product Declaration (EPD) under the International EPD® System. This milestone affirms Viva’s commitment to sustainability, transparent environmental reporting, and eco-conscious manufacturing. The certification covers Fire-Retardant (FR) Class A2, FR Class B1, and Non-FR ACPs, assessing the environmental performance of 1m² of Viva ACP (4mm thick) throughout its lifecycle—from raw material extraction to end-of-life recycling. The EPD reveals that up to 95..
StarBigBloc Gets Shareholders’ Nod for IPO to Fund Expansion
StarBigBloc Building Material, a wholly owned subsidiary of BigBloc Construction Ltd (BSE: 540061), has received shareholder approval to raise funds through an Initial Public Offering (IPO). The move is aimed at unlocking shareholder value, securing growth capital, and potentially enhancing the overall valuation of BigBloc Construction. The IPO proposal was approved during the company’s Extraordinary General Meeting (EGM) held on 13th June 2025. The process remains subject to regulatory approvals, market conditions, and other applicable clearances. “This is a significant mileston..
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