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BLACKSTONE VIRWANI
Embassy group looks to raise Rs 1,600 cr debtEmbassy Group plans to raise Rs 1,600 crore through zero-coupon bonds to fund new projects, refinance debt, and acquire a 5% stake in WeWor...- Indiabulls RE, Embassy merger delay unsettling stakeholders: Jitendra VirwaniIBREL recently raised more than Rs 3,911 crore through a preferential allotment to a diverse group of investors, including Embassy Group an...
- Embassy Group may invest more in Indiabulls, add assets to drive growthEmbassy Group, led by chairman Jitendra Virwani, plans to infuse additional capital and assets into Indiabulls Real Estate Limited (IREL), ...
- Merger Plan: Indiabulls Real Estate, Embassy to fix valuation, swap ratioThe proposed amalgamation will see Indiabulls Real Estate exit from real estate business completely. As per the plan, Embassy Group’s real ...
- Embassy Group to merge 62 million sq ft realty assets with Indiabulls Real EstateThe definitive agreement for the merger is expected to be placed before the listed company's board by August 15, Indiabulls Real Estate sai...
- Jitu Virwani: The man behind Embassy Group's successAt a time when most Indian real estate firms are struggling, Virwani has managed to strike a cord with global partners like Blackstone, War...
- Aditya Virwani is Embassy Group’s new COOAditya Virwani, the younger son of real estate developer Embassy Group’s managing director Jitu Virwani, has been appointed chief operating...
- No plan to raise stake in Indiabulls Real Estate: EmbassyThe company would remain invested in Indiabull Real Estate, the company said.
- Embassy Industrial Parks to invest USD 300 mn to build logistic, warehousing projects"We have completed around 2.7 million sq ft area so far across three warehousing parks at Chakan, Bilaspur and Farrukhnagar," the company's...
- Embassy Office Parks applies for proposed Rs 5,000-crore REITEmbassy Office Parks now earns annual lease rentals of over Rs 2,000 crore from tenants including Google, JP Morgan, Microsoft, Cisco, IBM,...
- RMZ buys $1 billion shares back, blocks EmbassyThe share buyback was part financed by existing lenders Deutsche Bank and Kotak.
- Virwani buys Hard Rock Cafe’s Indian operator, Premji exits with write-downVirwani partnered with one of JSM’s founders Sanjay Mahtani to snap up shares held by Premji Invest, and other exiting investors including ...
- Embassy, Taurus in JV for Kerala office spaceAs per the agreement, 2.3 million sq ft office space will be developed at Technopark Phase III in Thiruvananthapuram on a 10-acre land parc...
- US shared office company WeWork ties up with Embassy in IndiaThe Bengaluru-headquartered Embassy will invest around $150 million in WeWork India, which is also likely to receive investments from priva...
- Embassy Group plans to divest 30 per cent in office business to raise Rs 4,500 croreEmbassy Group is in the process of consolidating its office business, which could be a precursor to the company’s second round of fund rais...
- Flipkart closes India’s largest ever office leasing deal, signs up for a 3 million sq ft campusFlipkart will pay in excess of Rs 3,000 crore in rental for the 3 million sq ft campus over the lease period of 10 years.
- Blackstone, Embassy buy Four Seasons Hotel project in BangaloreBlackstone and Embassy will jointly acquire the shares of Goldman Sachs and those of minority shareholder and Southern land tycoon Dayanand...
- Embassy-Blackstone joint venture buys majority stake in Bangalore business parkA company spokesperson said that Embassy office Parks has acquired 60 per cent stake in Embassy TechVillage for nearly Rs 1,200 crore.
- Blackstone, Standard Chartered Bank to fund Bangalore SEZBlackstone Group and Standard Chartered Bank will extend Rs 1,150 crore funding to Embassy Office Parks for buying 60% stake in SEZ.
- Embassy to Raise Rs 800 crore in debtBangalore-based real estate developer Embassy Property Developments is in talks to raise Rs 800 crore in debt to fund its planned acquisiti...
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