KKR Acquires $1.64B Student Housing Portfolio

ADIA, KKR Book $1.5B Space in Reliance Retail Warehouse

The Abu Dhabi Investment Authority (ADIA) and global investment firm KKR have announced a landmark investment of $1.5 billion in leasing warehousing space from Reliance Retail, a subsidiary of Reliance Industries Limited. This strategic collaboration between ADIA, KKR, and Reliance Retail marks a significant milestone in the logistics and retail sectors, underscoring the importance of robust supply chain infrastructure in facilitating the growth of the retail industry.

With this substantial investment, ADIA and KKR are positioning themselves as key players in supporting Reliance Retail..

KKR Invests in India's Rapid Growth

KKR, a global investment firm, announces its entry into India's rapidly growing market, joining a cohort of international companies betting big on the country's economic expansion. With billions of dollars earmarked for investments, KKR underscores its confidence in India's potential as a key driver of global growth.

The decision to invest in India reflects KKR's strategic focus on high-growth markets and sectors, leveraging its expertise and capital to capitalise on emerging opportunities. By participating in India's dynamic economy, KKR aims to generate attractive returns for its inve..

KKR Prioritizes India for Asia Infrastructure Investments

Global investment firm KKR underscores India as a top-priority market for its strategic infrastructure investments in Asia. With a commitment to bolstering the country's infrastructure landscape, KKR aims to leverage opportunities that align with India's growing economic and developmental needs.

India's burgeoning infrastructure sector presents an attractive prospect for KKR, aligning with the country's ambitious plans for modernization and expansion. The investment firm's focus on India reflects confidence in the nation's potential for sustainable growth and its role as a key player i..

UP Cancels Noida Land Allotment to M3M

The Uttar Pradesh government has cancelled the allotment of two land parcels in Noida to the M3M Group, citing discrepancies in the allocation process. This decision marks a significant development in the real estate sector and reflects the government's commitment to transparency and accountability in land allotment procedures.

The cancellation of land allotment underscores the government's resolve to address irregularities and uphold fairness in the allocation of land parcels. It reflects a proactive approach towards ensuring adherence to regulatory norms and preventing misuse of publi..

ED Kochi seizes shipyard company's assets worth Rs 120 mn under PMLA

The Enforcement Directorate's Kochi Zonal Office announced that properties valued at approximately Rs 120.20 million had been attached from the shipyard company under the provisions of the Prevention of Money Laundering Act (PMLA).

According to an official release from the central agency, the attached properties comprised 35 movable properties, including securities, imported machinery, bank balances, and 2 landing barges valued at Rs 100.07 million, along with 4 immovable properties valued at Rs 20.13 million.

The release stated that on May 10, ED Kochi provisionally attached pro..