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KOLKATA MALL ACQUISITION
Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...- Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisitionNexus Select Trust is expanding its portfolio. The trust has approved the acquisition of Diamond Plaza in Kolkata for Rs 347.5 crore. This ...
- Commercial real estate anchors India’s property deals in April–JuneIndia's real estate sector experienced a downturn in Q2 2025, with deal volume dropping 54% and value decreasing 35% to $775 million, accor...
- Blackstone acquires Kolkata's South City Mall for Rs 3,250 croreBlackstone has acquired South City Mall in Kolkata for Rs 3,250 crore from South City Projects, a consortium of Kolkata business families. ...
- Blackstone nears $400 mn deal for Kolkata's South City MallBlackstone Inc. is close to acquiring South City Mall in Kolkata for up to $400 million. This marks its entry into Kolkata's retail market,...
- In West Bengal's largest real estate deal, DLF JV firm sells IT park for Rs 637 cr to Primarc, RDBDLF Cyber City Developers Ltd has sold Kolkata Tech Park 1, an IT park in Kolkata, to Primarc and RDB Group for Rs 637 crore. The transacti...
- Phoenix Mills acquires 5.5 acre land parcel in Kolkata’s Alipore for over Rs 414 croreThe company has acquired the land parcel through its wholly-owned subsidiary Palladium Construction to develop a premium and luxury residen...
- Phoenix Mills to add 4.4 million sq ft to retail portfolio in 12-15 monthsPhoenix that counts Singapore sovereign wealth fund GIC and the Canada Pension Plan Investment Board (CPPIB) as its partners will hold arou...
- CPPIB, Phoenix Mills infuse additional Rs 700 crore in mall-development allianceBoth the entities have invested the funds through a rights issue for deployment towards construction and development of the on‐going projec...
- CPPIB, Phoenix Mills extend malls partnership, to invest Rs 800 crore moreGlobal investment major the Canada Pension Plan Investment Board and leading retail mall developer the Phoenix Mills have entered into an a...
- Singapore’s GIC, Phoenix Mills to set up retail properties platform in IndiaTo begin with, GIC will be picking up around 26% in a certain retail and office assets portfolio owned by Phoenix Mills and some of its sub...
- Phoenix Mills eyes acquisitions as malls' valuations turn attractive post Covid-19India’s largest mall owner is looking to acquire at least three malls in the next 9-12 months including a large greenfield project in Kolka...
- Mall vacancy down as brands grab spaceVacancies at leading malls in prominent locations in Mumbai, Pune, Bengaluru and Ahmedabad have dipped to levels last seen in 2016.
- Xander's retail arm looks to expand portfolioThe deal for the Mohali mall took place within six months of the creation of the Virtuous Retail South Asia platform worth $450 million wit...
- Dutch lingerie brand Hunkemöller to have four stores in India by end-MarchHunkemöller, which opened its first store at Delhi’s DLF Promenade mall, will open two more outlets in the National Capital Region in the n...
- Eyes on assembly, Didi drives train to SingurMs Mamata Banerjee announced a new train service, Andolan Express, between Singur and Howrah from August 1.
- Emami decides not to quit realty spaceCompany plans transfer of holding in real estate arm to group cos.
- Unitech to invest Rs 20,000 cr to develop 48 malls in 6 yearsThe Gurgaon-based firm would follow business model of mixed use developments for all its malls to ensure more footfalls. Basics of customer...
- Gitanjali close to buying another US gem for $100 mnThe company has also lined up plans to raise capital for its proposed acquisition and domestic expansion. The firm wants to raise $100 mill...
- Emami to float subsidiary for real estate bizFMCG company Emami Limited has decided to float a wholly-owned subsidiary to make a foray into the real estate sector.
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