1 - 10 Results of 48

Prestige completes phase one of asset sale to Blackstone

After receiving CCI nod in December last year, Prestige Group has sold assets to Blackstone

---

Embassy REIT to invest Rs.23 bn to develop 5.7 mn sq ft office space

Starting its next phase of growth in India, Blackstone-backed Embassy Office Parks REIT has announced an investment of Rs.23 bn for construction of 5.7 mn sq ft of office space over the next three years in cities including Bengaluru.

---

Blackstone set to become biggest warehouse landlord

US-based private equity major Blackstone Group is set to acquire Embassy Industrial Parks at an enterprise valuation of Rs.52.50 billion from Embassy Group and Warburg Pincus in the largest-ever warehousing and logistics deal in India.

---

Blackstone set to become biggest warehouse landlord

Private equity major Blackstone will acquire Embassy Industrial Parks for Rs 5,250 cr

---

K Raheja, Aditya Shagun tie up for 0.5 mn sq ft development in Pune

K Raheja Corp has entered in an agreement with Pune-based Aditya Shagun Developers to develop a prime 3 acre land parcel in Pune’s Baner locality into commercial office space.

---

Prestige Group to invest Rs 20 bn on housing projects

Realty company has bucked the Covid-19 impacts

---

Prestige Estates to cut debts by selling assets

Commercial and retail property to be sold to Blackstone

---

Embassy REIT raises Rs 7.5 bn through NCDs

This fund is the second one to be raised through the NCD route.

---

Brookfield takes over Peninsula Land’s project: Distress sale or strategic exit

In a recent development, global alternative investment manager Brookfield Asset Management has taken over realty developer Peninsula Land’s equity stake in its premium project Salsette 27 in Mumbai’s Byculla locality.

---

Blackstone raises $1.9 bn for Asia core-plus real estate funds

The Blackstone Group Inc has raised a total of almost $1.9 bn for a set of Asia-focussed real estate funds, as it continues to grow its pile of capital to make property investments in the region.

---