NEW DELHI: Expanding presence in Delhi-NCR, Tata Group’s real estate arm Tata Housing has forayed into the Noida market by partnering with local builder Lotus Greens for a housing project. In January this year...
Australia’s Boral to buy Headwaters for $1.8 billion in bet on U.S. building market
Boral Ltd (BLD.AX), Australia’s biggest supplier of building materials, said it would buy Headwaters Inc (HW.N) for $1.8 billion in cash, doubling its U.S. presence at a time when President-elect Donald Trump...
FCPT announces acquisition of ten restaurant properties
Four Corners Property Trust Inc : * Four Corners Property Trust-funded deal with 274,744 operating partnership units and $10.1 million in cash drawn from its revolving line of credit * FCPT announces acquisition of ten...
Anil’s Reliance Group invests $12 million in realty firm Square Yards
NEW DELHI: Anil Ambani-led Reliance Group’s private equity firm has invested $12 million in real estate brokerage firm Square Yards, the realty firm said today. The brokerage firm will use the proceeds to...
Construction group Saint Gobain to buy Asian group E-Mix
French construction company Saint-Gobain (SGOB.PA) announced on Friday a deal to buy E-Mix, Asian mortar and, dry mixes company, for around 104 million euros ($116 million) as part of plans to boost its presence in...
APG partners with Xander to form $450 million joint venture in retail real estate sector
MUMBAI/BANGALORE: In the largest single deal in the retail real estate sector in India, Dutch pension fund asset manager APG Asset Management (“APG”) and Virtuous Retail (“VR”), sponsored by...
Brookfield, Hiranandani in India’s largest commercial space deal
In the largest commercial property deal in the country, Mumbai-based Hiranandani group has signed an agreement with Canada’s Brookfield Asset Management to sell its 4 million sq ft of office and retail space in...
WCI Communities Announces Definitive Merger Agreement with Lennar Corp for nearly $643 Mln
WCI Communities Inc * WCI Communities announces definitive merger agreement with Lennar Corporation for approximately $643 million * Transaction would include a portfolio of owned or controlled land totaling...
Realty company Prestige may sell $300m stake in rental unit
BENGALURU: India’s second-largest listed real estate developer Prestige Estates ProjectsBSE 0.74 % plans to raise at least $300 million, around Rs 2,000 crore, by selling up to 40% stake in its rent-yielding...
Somany Ceramics looks to buy bath fittings makers to accelerate growth
Mumbai: Somany Ceramics Ltd is looking at possible acquisitions of companies making faucets and bath fittings to accelerate its growth in these categories which now fetch less than a tenth of its overall revenues, a...
China SOE merger is tiny step dressed as a big one
The merger of two giant Chinese state-owned companies is a tiny step dressed up as a big one. Construction groups Sinoma and CNBM are being crunched together, following similar mergers in other sectors plagued with...
Salarpuria Sattva Group enters into Rs 275-crore JV with Apollo Asia Fund
BENGALURU: Salarpuria Sattva Group and Apollo Asia RE Singapore Pte Ltd (“Apollo Asia Fund”) have entered into a Joint Venture to acquire 100% stake from a group of offshore investors in two real estate...
