GIC, Xander buy Allianz-Shapoorji Pallonji JV’s Hyderabad IT SEZ WaveRock for Rs 2,200 crIn May 2023, ET first reported that global insurance and asset management major Allianz Group and Shapoorji Pallonji Group were looking to ...
30 May, 2024, 01.05 AM IST
GIC buys Phoenix's Hyderabad IT Park for Rs 1,050 croreSingapore's sovereign wealth fund, GIC, has purchased an information technology-special economic zone in Hyderabad's Gachibowli district fr...
17 May, 2023, 12.34 AM IST
Allianz-Shapoorji looks to exit Hyderabad's IT SEZ Waverock for Rs 2,000 crAllianz Group and Shapoorji Pallonji's entity plan to sell their 2.5 million sq ft IT SEZ property Waverock in Hyderabad, with Apple, Accen...
09 May, 2023, 07.40 PM IST
Shapoorji Pallonji in talks with global funds to set up $1.5 billion Investment PlatformsEach of these joint investment platforms will have equity funding of $500 million and will be investing close to $1 billion, including the ...
27 Oct, 2021, 12.38 AM IST
Offices, affordable housing keep realty afloatLiquidity pressure on builders on the back of the NBFC crisis led to a significant rise in consolidation across geographies, paving the way...
02 Jan, 2020, 06.33 PM IST
GIC to pick up Rs 430-crore stake in Prestige EstatesGIC has been investing aggressively in Indian real estate sector.
23 Dec, 2019, 12.12 PM IST
Allianz-Shapoorji JV buys Hyd Property for Rs 1,800 crThe Allianz Group’s joint venture entity with Shapoorji Pallonji Group has acquired nearly 2.5 million sq ft IT SEZ property Waverock in Hy...
19 Dec, 2019, 09.33 AM IST
Mapletree Investments buys Chennai IT park for Rs 2,400 croreInstitutional investors, including private equity, sovereign wealth and pension funds, have been increasingly showing interest in picking u...
29 Nov, 2018, 11.36 AM IST
Mapletree bid highest for Chennai IT parkMapletree has offered about Rs 2,450 cr for SP Infocity, jointly owned by the Canada Pension Plan Investment Board and Shapoorji Pallonji I...
31 Oct, 2018, 10.45 AM IST
GIC, Mapletree in final lap for Chennai parkThe transaction for the commercial property, located in Chennai’s Old Mahabalipuram Road, is expected to be worth anything between ₹2,200 c...
06 Sep, 2018, 03.54 PM IST
Blackstone to put Pune IT Parks sale on hold, may add to REITBlackstone had put its BlueRidge SEZ and IT SEZ in Hinjewadi area of Pune up for sale. Investment bank Morgan Stanley is the exclusive advi...
22 Aug, 2018, 10.51 AM IST
Shapoorji-Allianz JV set to acquire Hyderabad's office space WaverockDesigned by world-renowned architects Pei Cobb Freed & Partners, the 2.5 million sq ft property is jointly owned by Singapore’s sovereign w...
20 Jul, 2018, 02.08 PM IST
InterGlobe unit bids for ₹1,800 cr park deal in HyderabadThe interest of InterGlobe promoters in a big commercial real estate deal is significant as it signals large Indian conglomerates diversify...
10 Apr, 2018, 11.13 AM IST
Shapoorji arm set to acquire Adani’s Bandra-Kurla Complex project for Rs 2,000 croreThe platform, SPREF II, will be a Singapore-domiciled, rupee-denominated and close-ended fund planning to raise $500 million in equity.
09 Jan, 2018, 07.23 AM IST
Global investors eye tieups with local realtors to build commercial assetsBlackstone, GIC, Brookfield and CPPIB have already taken most of the ready and leased assets, leaving other long-term investors ready to wr...
21 Nov, 2017, 01.06 PM IST
Shapoorji Pallonji JV to invest in three assetsThese commercial properties with leasable space of 2 million sq ft each comprise both brownfield and greenfield assets in Pune, Bengaluru a...
03 Nov, 2017, 11.00 AM IST
Allianz Group partners with Shapoorji Pallonji to raise $500 million fundThis deal forms part of Allianz’s strategy to allocate around 5% of its global real estate portfolio to the Asia Pacific region, Allianz sa...
12 Oct, 2017, 03.17 PM IST