Bidya Sapam
Stories by Bidya Sapam
India: CoWrks eyes acquisition of property tech firms to boost expansion
CoWrks has set an ambitious target to have around 75-80 centres by this year-end, a three-fold increase from its existing number.
Morgan Stanley arm buys majority stake in Pune’s KSH Infra for $49m
KSH Infra, which operates two warehousing and industrial logistics parks, had been looking to raise funds to expand its warehousing business.
Godrej Properties inks six-project deal with Pune builder
The transaction comes at a time when the property market is undergoing a phase of consolidation where several local builders are forging alliances wit
Singapore’s Ascendas-Singbridge buys land to develop IT park in Chennai
This will be Ascendas’ sixth property in Chennai. Its other properties include an integrated industrial development and two logistics and warehouse
India: IL&FS calls for bids for realty assets in Mumbai, Kolkata
The company said it is selling five real estate assets in Mumbai and one in Kolkata with 15 January as the final date for potential buyers to submit t
Warburg, India’s Lemon Tree form JV to invest $427.5m in co-living spaces
The JV will primarily focus on student housing, co-living for working professionals and multi-family users.
Brookfield close to acquiring India’s Leela hotels for $627m
Leelaventure owns five luxury hotels comprising over 1,400 rooms in New Delhi, Bengaluru, Chennai, Mumbai and Udaipur.
India: Blackstone in talks to acquire Adani’s BKC property for $270m
The private equity firm stepped in after Shapoorji Pallonji backed out from buying the 10-storey building in Mumbai’s latest financial district.
Lodha Developers plans to raise up to $704m from sale of UK assets, PE route
LDL is selling its equity interest in the two UK assets for about Rs4,200 crores – this will bring significant cash into LDL and strengthen its bala
Indian Hotels plans to sell 10 properties over next 3 years to cut debt
The Tata Group firm aims to reduce its consolidated debt by 30% in the next 18 months, mainly through asset monetization.
