Bidya Sapam
Stories by Bidya Sapam
India: Raymond sells 20 acre land parcel in Mumbai to Xander-backed VRSA
Raymond owns 125 acres of land in Mumbai's Thane and has been looking at ways to monetise the asset.
India: Apollo Global to invest up to $150m in troubled real estate lender Altico
Altico’s troubles started when it missed an interest payment to Dubai-based Mashreq Bank on 12 September.
Singapore-based CapitaLand plans to double AUM in India to $5b by 2024
In June this year, CapitaLand acquired Ascendas-Singbridge that has a strong presence in India with AUM of $2.6 billion.
India: Real estate lender Altico in talks with Cerberus, Apollo to sell stake
Altico’s troubles started when it missed an interest payment to Dubai-based Mashreq Bank on 12 September.
India: SAT dismisses ITC’s appeal over sale of Leela hotels to Brookfield
Hotel Leelaventure’s voting results show the majority of the shareholders (89.12%) voted in favour of the deal.
Virtuous Retail acquires three Indian malls for $500m
Virtuous Retail South Asia is the retail development JV between The Xander Group Inc. and Dutch pension fund APG.
India: Fogg maker Vini in talks with WestBridge Capital, others to raise capital
The fundraising plan is in line with its strategy to expand its product portfolio.
India: ESR partners Future Group to set up two logistics parks with $42m investment
The logistics parks will be jointly developed by Future Group’s Future Market Networks Ltd and ESR, with the latter as the majority partner.
India: Tata Realty to invest about $200m in three office projects
Several investors such as Blackstone and Brookfield are lapping up commercial office buildings across India.
Mukesh Ambani’s Reliance Retail set to launch ‘new commerce’ venture soon
New commerce is Reliance Retail’s offline-to-online initiative, which would link producers, traders, small merchants, brands and consumers through
