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PHOENIX MILLS ACQUISITION
Inorbit malls to acquire Prozone Group malls in Chhatrapati Sambhaji Nagar, CoimbatoreInorbit Malls is set to acquire two malls from Prozone Group for approximately Rs 1,300 crore. This strategic move will significantly expan...- Phoenix Mills shares rally 5% as Motilal Oswal upgrades to ‘Buy’, lifts target price to Rs 2,044Phoenix Mills shares rose to ₹1,597 on Tuesday after Motilal Oswal upgraded the stock to a ‘buy’ with a revised target price of ₹2,044, cit...
- Phoenix Mills jumps 6% on Q1 results, full acquisition of JV with CPP InvestmentsPhoenix Mills shares rose sharply on Friday after a modest Q1 earnings and announcing a major acquisition. The company will fully acquire i...
- Phoenix Mills to acquire CPP Investments’ 49% in Island Star JV for Rs 5,449 CrorePhoenix Mills will acquire CPP Investments' 49% stake in Island Star Mall Developers for over Rs 5,449 crore, making it a wholly-owned subs...
- 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 completes acquisition of 7-acre land parcel in Gujarat’s SuratThe company has paid around Rs 510 crores, inclusive of stamp duty, to acquire the plot through its indirect subsidiary Thoth Mall and Comm...
- Singapore sovereign fund GIC invests Rs 400 crore more in Phoenix Mills’ joint ventureThe investment is the second tranche of investment under the strategic partnership between GIC and India’s largest retail-led mixed-use ass...
- Buy Phoenix Mills, target price Rs 1336: ICICI SecuritiesPhoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 19302.00 Crore) operating in Real Estate...
- Buy Phoenix Mills, target price Rs 1336: ICICI SecuritiesPhoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 16072.66 Crore) operating in Real Estate...
- 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...
- Singapore’s GIC, Phoenix Mills form JV for retail-led mixed-use assets in IndiaGIC will initially acquire an equity stake of nearly 26.4% in the Phoenix Mills’ Rs 5,500 crore worth select portfolio by investing an aggr...
- 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...
- CPPIB Invests Additional Rs 938 crore in Investment Platform with Phoenix MillsCPPIB’s investment into ISMDPL has touched Rs 1,662 crore, for a 49% ownership stake, with Phoenix Mills owning the balance 51% stake.
- Phoenix Mills buys balance 22.67 per cent in subsidiary from HBS RealtorsPhoenix Mills’ another subsidiary Phoenix Hospitality Company already holds 77.23% stake in Graceworks Realty & Leisure.
- Phoenix Mills to hike stake in subsidiary Alliance SpacesThe proposed acquisition of the company will be effected on terms and conditions mutually agreed between The Phoenix Mills and K2A.
- Phoenix Mills board OKs raising up to Rs 1,000 croreThe Phoenix Mills Ltd has decided to raise up to Rs 1,000 crore through issue of equity shares or convertibles.
- Phoenix Mills plans to buy back Phoenix Market City stakeMumbai-based realty firm Phoenix Mills plans to buy back stake from PE funds in Phoenix Market City, a mix used development project in Bang...
- Phoenix forms new co for realty assetsPhoenix mills, the Mumbai-based real estate developer, is in the process of forming a separate company to manage all its real estate assets.
- Foreign PEs go shopping at PhoenixLeading private equity funds, along with a host of overseas real estate funds, have collectively acquired a 24% stake in Phoenix Mills for ...
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