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RENTAL ARM DCCDL
DLF to invest Rs 20,000 cr in medium term to expand its commercial real estate bizDLF plans to invest Rs 20,000 crore in developing office and retail spaces. DLF aims to expand its rental business portfolio from 44 millio...- DLF to invest Rs 6,000 cr to construct 75 lakh sq ft office, retail spaces in GurugramDLF's rental arm, DLF Cyber City Developers Ltd, will invest Rs 6,000 crore in Gurugram to develop 75 lakh square feet of premium office an...
- DLF-GIC JV firm DCCDL's office rental income rises 11% to Rs 942 crore in April-JuneRealty firm DLF's rental arm DCCDL has posted an 11 per cent annual increase in office rental income to Rs 942 crore during the first quart...
- DLF rental arm DCCDL's office rental income rises 7% to Rs 3,460 cr in FY24DLF's joint venture with DCCDL saw a 7% rise in rental income from office buildings to Rs 3,460 crore in the last fiscal, driven by rent ap...
- DLF to invest 40% of yearly capex on current commercial projects in ChennaiThe company anticipates that Chennai commercial properties will contribute roughly 25% of its rental income in the next four years. DLF gen...
- DLF arm DCCDL's office rent income up 14 pc to Rs 801 cr; retail assets revenue up 54 pc to Rs 184 crIn an investors presentation for the July-September quarter, DLF has also informed about the operational and financial performance of its J...
- DLF rental arm clocks 10 pc increase in rent income at Rs 3,350 cr in FY22DCCDL, which is a joint venture between DLF and Singapore's sovereign wealth fund GIC, has a commercial portfolio of 37.9 million square fe...
- DLF expects its rental income to increase more than Rs 1,500 crore over the next four yearsDCCDL has rent-yielding commercial assets, both offices and retail properties, of about 35 million sq ft, the majority of which are in Delh...
- DLF Cyber City Developers raises Rs 1,000 crore via NCD issueThe NCDs have been assigned ‘CRISIL AA/Stable’ rating and will be listed on BSE Limited’s wholesale debt market. The proceeds will be utili...
- Net debt of DLF's rental arm DCCDL up 3% to Rs 19,640 cr in September qtr; Getting REIT readyDCCDL'S revenue grew by 8% at Rs 1,123 crore while the net profit increased 36% to Rs 231 crore during the second quarter of the current fi...
- DLF transfers Noida mall to its subsidiary for 2,950 croreMall of India is located in Sector 18, Noida, with a leasable area of 2 million sq ft. It was developed at a cost of around Rs 2,000 crore.
- Bank of America’s arm leases office space in Gurgaon’s DLF Cyber ParkTotal tenure of the lease would run for nine years and the agreement includes a rental escalation clause every three years.
- DLF Q2 profit jumps 26-fold to Rs 375 croreTotal income rose to Rs 2,304.9 crore in the July-September quarter.
- Exceptional gain pushes DLF Q3 consolidated net profit to Rs 4,111.95 croreTotal income for the period, however, declined nearly 15% from a year ago to Rs 1,855.21 crore, the company said in a regulatory filing.
- GIC seeks CCI nod for Rs 9K cr deal with DLF promotersGIC had in late August agreed to buy 33.34 per cent stake in DLF's rental arm DLF Cyber City Developers Ltd for Rs 8,900 crore. GIC will bu...
- DLF expects GIC rental arm deal to be concluded by NovemberDLF is expected to see promoters infusing this money, net of taxes, into the company by December-end for its proposed debt reduction plan.
- DLF to sell 40% Cyber City stake for $2 billionThe promoters will invest the proceeds from the sale back to the company. This will lead to increase their holding in DLF beyond 75%. At pr...
- Investors give thumbs down to DLF rental arm deal; stock drops 3%TOI reported that promoters will invest the proceeds from the sale back to the company. This will lead to increase their holding in DLF bey...
- DLF's promoters to sell 40% stake in rental arm by March-endDLF said its promoters are likely to sell their 40% stake in the company's rental arm DLF Cyber City Developers Ltd by the end of this fisc...
- DLF appoints JP Morgan and Morgan Stanley as bankers for selling promoters stake in rental armEarlier this month, the company's board had decided that DLF promoters - KP Singh family - will sell their 40 % stake in the company.
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