Oberoi Realty Ltd on Friday said it has bought around 60 acres of land in Thane, Maharashtra from GlaxoSmithKline Pharmaceuticals for nearly Rs 890 crore. In a regulatory filing, the Mumbai-based developer said...
Fresh bids invited for debt-ridden Ariisto Developers under insolvency proceedings
Resolution professional of debt-ridden Ariisto Developers has invited fresh bids from prospective buyers to revive the Mumbai-based real estate firm which has gone under insolvency proceedings since last year. Mumbai...
Blackstone may buy out Indiabulls Real Estate’s commercial properties: ET
Blackstone Group (BX.N) is set to buy the remaining 50% stake in Indiabulls Real Estate’s (INRL.NS) commercial properties for about 48 billion rupees ($688.8 million), the Economic Times (ET) reported on Monday. The...
Israel’s Elco to buy Azrieli unit Granite Hacarmel for $290 million
Holding company Elco Ltd (ELCO.TA) said on Sunday it agreed to buy Granite Hacarmel Investments from Israeli real estate developer Azrieli Group (AZRG.TA) for 1.02 billion shekels ($290 million). The purchase price...
CBRE to buy Telford Homes to tap into Britain’s build-to-rent market
U.S. real estate firm CBRE Group Inc (CBRE.N) said it would buy British property developer Telford Homes Plc (TELF.L) for about 267 million pounds ($336 million) in a bid to expand into Britain’s apartment rental market...
CBRE to buy Telford Homes to tap into Britain’s build-to-rent market
U.S. real estate firm CBRE Group Inc (CBRE.N) said it would buy British property developer Telford Homes Plc (TELF.L) for about 267 million pounds ($336 million) in a bid to expand into Britain’s apartment rental market...
Australia’s Aveo favors Brookfield arm in takeover talks
Australia’s Aveo Group (AOG.AX) on Thursday confirmed that the real estate investment arm of Canada’s Brookfield Asset Management Inc (BAMa.TO) is the preferred party with which the retirement-home operator is holding...
Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex
Qatar Investment Authority (QIA) and real estate investment trust Douglas Emmett Inc (DEI.N) have acquired a $365 real estate development in California, the Qatari sovereign wealth fund said on Monday. The deal is for...
CapitaLand completes $8 bn acquisition of Ascendas-Singbridge
Singapore-based investor CapitaLand Ltd on Sunday said it has completed the purchase of Temasek Holdings-owned Ascendas-Singbridge Pte. Ltd. The deal creates one of Asia’s largest diversified real estate groups with...
Howard Hughes Corp hires Centerview to explore options, including sale
Howard Hughes Corp has hired Centerview Partners to explore strategic alternatives that include a sale of the company, the real estate developer said on Thursday. A joint venture or spin-off of a portion of assets...
Blackstone-Embassy JV to acquire stake in IBREL
US private equity giant Blackstone Group Lp and Bengaluru-based property developer Embassy Group are set to jointly acquire the stake of Indiabulls Group chairman Sameer Gehlaut in Indiabulls Real Estate Ltd (IBREL), a...
ESR plans to raise up to $1.24 billion in Hong Kong’s biggest IPO this year: term sheet
Logistics real estate developer ESR Cayman Ltd has opened the books on an initial public offering (IPO) that could raise up to $1.24 billion, in what would be Hong Kong’s biggest float so far this year, showed a term...
