IL&FS expects BKC headquarters, GIFT City towers’ sale to fetch over Rs 1,350 croreAt least a dozen entities have expressed initial interest in buying the IL&FS headquarters and the final bids will show the actual conversi...
15 Apr, 2021, 01.52 PM IST
Global, local investors eye IL&FS Bandra-Kurla Complex property“While the financial bids are yet to be placed, the deal is estimated to fetch around ₹1,500 crore, given the status and location of the pr...
05 Dec, 2020, 09.27 AM IST
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...
20 Oct, 2020, 12.17 AM IST
RMZ buys $1 billion shares back, blocks EmbassyThe share buyback was part financed by existing lenders Deutsche Bank and Kotak.
16 Apr, 2018, 12.18 PM IST
Embassy to List Select Office Assets via REITIn 2012, Embassy divested 50% in its office portfolio to Blackstone. The joint venture company, Embassy Office Parks, has 16.2 million sq f...
16 Jun, 2017, 11.33 AM IST
Real estate investments in Gurgaon double to over $1 billionGurgaon has always been the investment gateway to NCR due to its critical mass in real estate development and existing social infrastructur...
03 Nov, 2016, 03.50 PM IST
PE inflows into office space surge on reformsInstitutional investors’ interest in the country’s commercial assets has been inching upward in the backdrop of rising occupancy levels and...
23 Aug, 2016, 01.05 PM IST
Commercial realty witnesses rising interest from private equity fundsIn 2015, realty private equity funds invested over $5 billion in India, of which 10 per cent was pumped into commercial segment.
21 May, 2016, 02.54 AM IST
JP Morgan, Apollo Global set to exit BPTP after protracted arbitration battleThe builder has sold its 800,000 sq ft office building BPTP Crest in Gurgaon for Rs 850 crore to pay the institutional investors.
30 Dec, 2015, 04.00 AM IST
RMZ to acquire Essar's Equinox business park in Rs 2,400 crore dealRMZ manages about 20 mn sqft of office space across multiple cities, but is on the prowl for acquisitions to build a 80 mn sqft portfolio i...
02 Dec, 2015, 12.35 PM IST
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...
02 Dec, 2015, 11.27 AM IST
TCG Real Estate’s Chennai IT park put up for saleTCG Real Estate, a real estate arm of The Chatterjee Group, has put a software park in Chennai, on Mount Poonamali Road, Porur on the block.
05 Sep, 2015, 04.00 AM IST
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.
17 Aug, 2015, 10.58 AM IST
RMZ eyes Rs 9,000 crore real estate investment trust listingREITs are designed to provide an investment structure in real estate similar to the kind that mutual funds provide for investment in traded...
23 Jul, 2014, 11.55 AM IST
- RMZ Corp top contender for Siemens’ Bangalore land
RMZ Corp is believed to be the top contender to buy Siemens' property with the highest bid among the five shortlisted candidates.
25 Jan, 2011, 05.40 AM IST
- Oberoi Realty IPO may set the pace for peers
The issue, priced in the Rs 253-260 per share price band, breaks a six-month jinx for share offerings from the real estate sector.
06 Oct, 2010, 05.06 AM IST
- Reliance, Hiranandani, DLF in race for HUL's Brookefields
Mukesh Ambani-led Reliance Retail is vying for Hindustan Unilever’s (HUL) real estate assets in Bangalore, which is on the block.
31 Jul, 2007, 04.29 AM IST