Office leasing likely to rise 10-12 pc this year driven by demand from GCCs: RMZ Chairman Raj MendaMenda, who is also Chairman of FICCI Committee on Urban Development and Real Estate, noted that the demand for bigger spaces, starting from...
RMZ rejigs top leadership team, targets $42 billion AUM by 2029The firm has set up a new governance structure with two boards – the supervisory board led by brothers Raj Menda and Manoj Menda and the fa...
Lifestyle International Chairman buys residential plot in Bengaluru for Rs 15.2 croreLifestyle International Chairman of the Board, Kabir Lumba, has bought a residential plot in Epsilon, a prime location in Bengaluru, for Rs...
Flexible workspace operators to expand portfolios by over 30% in next 2-3 years, surveyThe emergence of hub-and-space Models, enhanced financial gains, rising numbers of strategic partners, acquisition, demand-backed expansion...
Brookfield Asset Management acquires RMZ Corp’s assets for over Rs 15,000 croreIndia’s commercial real estate clocked 11 million sq. ft. of leasing deals in the past three months and negotiations for an additional 8 mi...
RMZ Corp aims to double commercial portfolio over the next 5 yearsRMZ Corp has acquired 30 acres in Gurugram to add to its growing office portfolio.
Total wealth of top 100 Indian realtors Rs 236,610 crore, up 27% on year: ReportLodha Group’s Mangal Prabhat Lodha ranked at top spot with total wealth of Rs 27,150 crore, according to Hurun India real estate rich list ...
Office space firm RMZ raising Rs 2,060 crore from Qatar fundQatar Investment Authority had exited with 3.5x return in four-and-a-half years and is again investing in RMZ. The deal is in the final sta...
RMZ buys $1 billion shares back, blocks EmbassyThe share buyback was part financed by existing lenders Deutsche Bank and Kotak.
RMZ to float second JV with Qatar Investment AuthorityThe two partners look to acquire commercial spaces of over 5 lakh square feet across Bengaluru, Hyderabad, Chennai, National Capital Region...
RMZ Corp-Essar Group’s Equinox Business Park deal may conclude before December-endThe proposed deal between RMZ Corp and Essar Group for the latter’s 1.2-mn sq ft Equinox Business Park is likely to be concluded before Dec...
Essar in talks with RMZ to sell 50 per cent stake in Equinox Business ParkThe sovereign wealth fund is backing RMZ with an investment of Rs 1,000 crore in a platform specifically created to buy commercial assets.
Huge rise in office leasing in cities points to impending job growthOffice space leasing across the top seven cities in the country rose to 33 million sq ft last year from 28 million sq ft in 2013, according...
- AIG private equity buys out Bangalore-based RMZ's stake in Hyderabad project
The deal closes a chapter of wrangling between the partners over whether the project should be residential or for mixed-use.
- Bangalore realty market attracts HNIs
The growing demand for home upward of Rs 1.5 crore has led to increase in launches of new properties in the premium segment.
- RMZ Corp forays into residential market
Leading corporate real estate developer, RMZ Corp, is charting a new course by foraying into the residential realty space.
- Siemens sells 8-acre plot to RMZ for 380 cr
Electrical equipment major Siemens has sold its 8-acre parcel in Bangalore for 380 crore to realty developer RMZ Corporation.