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...
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...
Hines looks to sell 50% stake in Gurugram’s One Horizon Center
Real estate investor Hines India Ltd has decided to sell its 50% stake in One Horizon Centre, a premium commercial building in Gurugram’s Golf Course Road, two people familiar with the development said. The other half...
Investcorp close to acquiring IDFC’s realty, PE business
Investcorp, which is close to acquiring the private equity (PE) and real estate (RE) funds business of IDFC Alternatives, will initially focus on real estate investments, said two people aware of the development...
DLF plans expansion of rental biz post stake sale
DLF Ltd, India’s largest real estate firm by market value, is ramping up its rental portfolio with plans to build nearly 10 million sq. ft commercial real estate in the next 5-7 years, post its stake sale in its rental...
Kanakia group to buy India Tube Mills land in Mumbai for Rs363 crore
Luxury residential developer Kanakia group is close to buying a seven-acre plot in Mumbai’s Vikhroli suburb from India Tube Mills and Metal (ITM) Industries Ltd for Rs363 crore, two people aware of the matter said...
Emaar to sell hotel, other non-core assets in India
Dubai’s Emaar Properties PJSC, which built the emirate’s iconic Burj Khalifa tower, is planning to sell several non-core assets in India including land and a hotel, said three people aware of the development. The...
Insolvency: Promoters submit Rs 100 bn revival plan for Jaypee Infratech
Jaypee group chairman Manoj Gaur made a fresh effort to gain back control of Jaypee Infratech — a real estate company for which another firm has already been named the highest bidder under the ongoing insolvency...
Vonovia offers $1.1 billion for Sweden’s Victoria Park, trumping Starwood
Germany’s Vonovia (VNAn.DE) made a $1.08 billion cash offer on Thursday for Swedish real estate company Victoria Park AB (VICPA.ST), outbidding Starwood Capital Group and stoking a scramble for assets in Europe’s hot...
DLF may raise up to Rs 4,500 crore via QIP
Developer DLF NSE 0.34 % is looking to raise about Rs 4,500 crore through a sale of equity shares to institutional investors through a Qualified Institutional Placement (QIP), two persons familiar with the development...
Lodha Developers files IPO paper with Sebi
Real estate firm Lodha Developers Ltd on Thursday filed for an initial public offering (IPO), expected to be one of the biggest stock market debuts in India this year. The company will sell new shares worth Rs3,750...
