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Blackstone’s Nucleus Office Parks targets 24.5mn sft commercial portfolio by 2020 end“Nucleus will expand its capability in terms of development and stabilise the assets fully owned by Blackstone,” said Quaiser Parvez, CEO, ...- Logix raises Rs 540 crore from IndusInd Bank via lease rental dealsThe bank has extended the loans against rental inflows from Logix Cyber Park and Logix Techno Park, located in Noida in the National Capita...
- Blackstone set to buy rest of Indiabulls' commercial assetsIndiabulls confirmed signing the term sheet with Blackstone for the commercial portfolio, without ascribing a value to the deal.
- Blackstone, Indiabulls set for Rs 4,800-cr realty dealPE giant to acquire remaining 50% in Indiabulls Real Estate’s commercial properties.
- Rs 2,700-crore deal: Indiabulls to exit realty biz with sale of Sameer Gehlaut's stakeThe transaction puts an enterprise valuation of Rs 7,000 crore on Indiabulls Real Estate’s portfolio — 23.5 million sq ft of residential pr...
- Indiabulls Real Estate approves restructuring with subsidiariesThe arrangement scheme is subject to applicable regulatory and corporate approvals.
- Office market saw 12.6 million sq ft absorption in Q2Colliers expects the coworking concept to continue expanding notably in cities such as Mumbai, Bengaluru and NCR.
- Indiabulls Real Estate to sell Chennai commercial asset to Blackstone for Rs 850 croreSubject to satisfaction of closing conditions, the transaction is to be completed in tranches by September 30, 2019.
- Blackstone buys Indiabulls Chennai Asset for 900 crIndiabulls Real Estate is planning to utilize the funds for debt reduction. With this repayment, the company net debt would stand at Rs 2,0...
- Indiabulls Real Estate climbs over 2% on asset monetisationThe PEs in question include Blackstone Group, Brookfield Asset Management and Xander Group.
- Indiabulls in talks with private equity majors to sell Chennai asset for Rs 1,200 croreThe company has stated that substantial part of the funds raised through the Blackstone transaction for two Mumbai office properties would ...
- Indiabulls to buy out Fallaron Capital in its Singapore trust for $250 millionThe transaction is aimed at facilitating a smooth sale of its commercial office rental arm to the world’s largest private equity fund, Blac...
- Blackstone in talks to buy 49% in office rental business of Indiabulls in $600 million dealIndiabulls Real Estate’s annual rental income currently stands at Rs 720 crore with a leasable area of 5 million sq ft, according to its FY...
- Indiabulls AMC’s PE arm buys 2.35 lakh sq ft office space in GurgaonThe project, Sky View Corporate Park, is a multi-phase development planned on a 21-acre land parcel in the National Capital Region (NCR).
- Indiabulls, Mandarin Oriental team up for London projectThe proposed Indiabulls property will be the Hong Kong-headquartered hospitality major’s second property in London after Mandarin Oriental ...
- Yes Bank leases 4 lakh square feet office space in ChennaiThe private, Mumbai-based bank plans to set up its centralised business process outsourcing unit at this office.
- Indiabulls Securities shares surge over 9% at closeIndiabulls Securities ended the day 9.20 per cent higher at Rs 27.30 on the BSE. During the day, it soared 12 per cent to Rs 28.
- Indiabulls arm buys complex in Chennai for Rs 600 croreThe complex with three towers has a leasable area of 2 million sq ft and is spread over 10 acres in the western suburb of Ambattur.
- Gurgaon developer Sweta Estates sues Indiabulls Real Estate over trademarkIndiabulls Real Estate is entangled in a bitter legal dispute over the use of trademark ‘Central Park’ for a set of residential realty proj...
- Medha alleges foul play in mill land saleYet another mill land deal in Mumbai has run into the eye of a storm.
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