DIRTT Environmental Solutions Ltd confirmed on Wednesday it was no longer in deal talks after Reuters reported that the Canadian building-interior manufacturer had abandoned an effort to sell itself. Private equity...
Ascendas India Trust inks pact to buy 2 IT park buildings in Hyderabad
Ascendas Property Fund Trustee, the trustee-manager of Ascendas India Trust has entered into a forward purchase agreement with Phoenix Ventures to acquire two buildings in Hyderabad with a combined leasable area of...
Blackstone in talks with Singh brothers, Dhillon family to acquire realty assets
Global private equity major Blackstone Group is in advanced talks with Ranbaxy’s Singh brothers and Dhillon family to acquire their real estate portfolio spread over 1 million sq ft office properties for over Rs 1,000...
Baoneng Group sells 5 percent stake in China Vanke
China Vanke 000002.SZ said a major shareholder Baoneng Group has cut its shareholding in the property developer by 5 percent to 20.4 percent in the past three months. Vanke was embroiled in a high-profile corporate...
Abraaj buy to give Cerberus Capital a foothold in India
Cerberus Capital Management, one of the world’s largest distressed asset investors with over $50 billion of assets under management, is expected to soon gain a firm foothold in India, as it closes in on the acquisition...
No bidders for Sahara’s Aamby Valley estates: Official liquidator tells SC
The auctioning process of Sahara group’s prized Aamby Valley properties has been put off after the auction notice failed to elicit any response from prospective buyers, the Supreme Court was informed on Thursday...
Hometown America drops due diligence condition for Gateway Lifestyle offer
Hometown America adjusted its takeover bid for Australian retirement village owner Gateway Lifestyle Group (GTY.AX) on Monday, offering to drop due diligence if the target agreed to its A$695 million ($514 million) cash...
Puranik Builders files papers for IPO
Puranik Builders Ltd, a major real estate developer with projects in Mumbai and Pune, on Wednesday filed the draft prospectus for its initial public offering (IPO), which will see the company raise Rs810 crore...
Indiabulls Real Estate raises Rs480 crore via issue of debentures
Indiabulls Real Estate on Wednesday said it has raised Rs480 crore through issue of debentures on private placement basis. In a BSE filing, the Mumbai-based developer informed that the board’s operations committee has...
Greystar to buy Education Realty in $4.6 billion deal
Education Realty Trust Inc (EDR.N), a developer of student housing, said on Monday it would be acquired by an affiliate of Greystar Real Estate Partners for about $4.6 billion, including debt. Education Realty...
W.P. Carey plans to buy Corporate Property Associates in $6 billion deal
W.P. Carey Inc (WPC.N) said on Monday it plans to buy commercial property owner Corporate Property Associates 17 – Global Inc in a $6 billion deal that could make it the No.2 U.S. net lease real estate investment trust...
Greystar in talks to buy Education Realty for about $3.1 billion: WSJ
Greystar Real Estate Partners is in exclusive discussions to buy Education Realty Trust Inc (EDR.N), owner of collegiate housing communities, for about $3.1 billion, the Wall Street Journal reported on Wednesday, citing...
