U.S. property data group CoStar raised its acquisition bid on Thursday for Domain Holdings, Australia’s second-largest real estate classifieds company, with the revised deal now valued at A$2.80 billion ($1.76...
Blackstone to pick up 14.3% stake in Kotle-Patil Developers, makes open offer
Global investment firm Blackstone will acquire a significant stake of 14.3% in Kolte-Patil Developers, a leading listed real estate player based in Pune. The deal, which was approved by Kolte-Patil’s board earlier...
Swiss real estate firms Ina Invest and Cham Group agree to merge
Swiss real estate firm Ina Invest and its peer Cham group have signed a merger agreement, Ina said on Friday. The merger will create one of Switzerland’s top 10 listed real estate companies, with a combined...
Apollo to buy real-estate management firm Bridge Investment for $1.5 billion
Alternative asset manager Apollo Global Management will buy real estate firm Bridge Investment Group for about $1.5 billion in an all-stock deal, expanding its real estate offerings. Bridge stockholders and unit holders...
Godrej Properties acquires Pearlshine Home Developers
Godrej Properties on 03 February 2025, has acquired 100% equity shares of Pearlshine Home Developers (PHDPL) from its existing shareholders. Pursuant to the said acquisition, PHDPL has become the wholly-owned subsidiary...
UK’s Rightmove rejects $8.1 bln sweetened bid from Australia’s REA Group
British real estate portal Rightmove on Wednesday rejected a sweetened $8.1 billion takeover proposal from Rupert Murdoch-owned Australian property listing firm REA Group, saying the increased bid was still...
Prestige Estates Projects approves $599 million fundraise via stake sale
Prestige Estates Projects said on Friday it will raise 50 billion rupees ($598.6 million) by issuing shares to institutional investors. The Indian real estate developer added its board has approved the monetization of...
NCLAT upholds Adani Goodhomes’ resolution plan for Radius Estates
The National Company Law Appellate Tribunal (NCLAT) has upheld Adani Goodhomes’ resolution plan to take over the bankrupt real estate company Radius Estates, rejecting challenges from creditors and debenture...
Sobha announces acquisition of BNB Builders
Through its wholly-owned subsidiary – Sobha Developers (Pune) Sobha Developers (Pune), a wholly owned subsidiary of Sobha has entered into a Share Purchase Agreement (SPA) today on 02 April 2024, with BNB Builders...
China developer Wanda sells 60% of mall unit in $8.3 bln deal
A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda’s mall unit. Dalian Wanda will retain 40% in Newland...
Blackstone to take Tricon Residential private for $3.5 billion
Investment management company Blackstone has agreed to take Canadian real estate firm Tricon Residential private for $3.5 billion, the companies said. U.S.-listed shares of Tricon jumped about 28% at market open...
UK’s LondonMetric to buy LXI REIT in $2.4 bln deal
British landlord LondonMetric Property will acquire London-based real estate investment trust (REIT) LXI in a deal valued at 1.9 billion pounds ($2.43 billion), the companies said. Under the terms of the deal, each LXI...
