Bidya Sapam
Stories by Bidya Sapam
Blackstone-backed Panchshil enters warehousing, may exit residential business
Under the new platform, Panchshil plans to build 2 million sq. ft of warehousing and light industrial space.
Kapoor family in talks to sell RK Studio to Godrej Properties for $27.2m
The Kapoor family including brothers Rishi, Randhir and Rajiv, have been in talks with several developers to sell 1.6 acres of the two-acre property i
Singapore’s Mapletree may buy Chennai IT park from CPPIB JV for up to $327m
Singapore sovereign fund GIC, which was bidding along with Mumbai-based K. Raheja Corp, is out of the fray.
PE-backed Shriram Properties plans to file draft IPO papers by December
TPG Capital, Starwood Capital, Walton Street Capital and Tata Capital, which hold a combined 58% stake in Shriram Properties, will partly monetize the
India: Shapoorji plans to raise $271m from land assets, $200m more from SCPE, Actis, others
Shapoorji plans to monetize about 100 acres of land over the next two years to raise about Rs 2,000 crore, bulk of which will be used to repay debt.
Tata’s retail arm Trent to acquire Lodha office space in Mumbai for $27m
Trent Ltd is close to buying around 120,000 sq. ft of space at a Lodha group property coming up at Wadala in central Mumbai .
Co-working boom in India may trigger consolidation, wipe out smaller firms
Co-working spaces in India are becoming crowded with at least 350 operators vying for clients, leading to fears that a consolidation will lead to the
India: Mitsubishi to invest $25m in Shriram Properties’ residential project
The Mitsubishi arm will pick up 70% stake in the housing project by investing around Rs 180 crore.
Xander’s retail arm close to buying Mumbai mall for $325m
The proposed 1 million sq ft mall in Mumbai’s Andheri East will be developed by Omkar Realtors and Developers Ltd
Singapore’s GIC buys significant minority stake in Provenance Land
GIC has bought over 40% stake in Provenance Land and the size of the transaction is estimated to be around Rs 1,000 crore.
