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.
The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion o..
Since inception in 1993, the group holds an extensive land bank of over 1,000 acre across the country. With 50 completed projects spanning 54.38 million sq ft and 20 ongoing projects, its operations are spread across Indian and international markets.
Are you keen to invest in the real-estate sector but not interested in going through the rigmarole of purchasing physical assets? If yes, this could be the option for you: Investing in real-estate on paper and reaping real returns. Real-estate Private Equity (PE) funds are one such instrument.
Over the past two years, the government of India has announced several measures to liberalise foreign investment in the real-estate sector, including approval of the Real Estate (Regulation & Development) Act and relaxation in FDI norms, ie waiving off the requirements of a minimum project size, bot..