Japan Post Holdings Co (6178.T) will probably scrap talks to buy Nomura Real Estate Holdings Inc (3231.T) as the two companies struggle to agree on the terms, the Nikkei business daily reported on Saturday. The...
Realty
Ascendas, Firstspace to form joint venture
Singapore-based property investor and developer Ascendas-Singbridge Group is setting up a joint venture (JV) with industrial properties developer Firstspace Realty for building logistics and industrial facilities in the...
SeaWorld’s Chinese investor in talks to buy Brookdale Senior Living – sources
Zhonghong Zhuoye Group Co Ltd, the Chinese real estate and leisure group which last month bought a stake in SeaWorld Entertainment Inc (SEAS.N), is in talks to acquire Brookdale Senior Living Inc (BKD.N), people...
Mahagun raises Rs325 crore from Piramal Finance for Delhi NCR projects
Piramal Finance Ltd, a subsidiary of Piramal Enterprises Ltd, has lent Rs325 crore to Noida-based realty firm Mahagun Group to refinance existing debt and as construction finance, top officials of the company have said...
Blackstone partner firms raise Rs 1,475 crore in separate deals
Embassy group of Bengaluru and Pune-based Panchshil Realty, the two partner companies of US-based private equity investor Blackstone, have raised funds worthRs 1,450 crore in separate deals. Embassy group has raised Rs...
Godrej family office to buy group realty fund business
The Godrej family office is taking over the fund management company set up last year by Godrej Properties. A source in the know said the group, led by Adi Godrej, wanted it to operate as a full-fledged fund management...
China’s Fosun to sell real estate firms to Shanghai Yuyuan for $3.5 billion
Chinese conglomerate Fosun International Ltd (0656.HK) said it will sell 28 real estate companies to Shanghai Yuyuan Tourist Mart Co Ltd (600655.SS) for 24.16 billion yuan ($3.5 billion) as part of a reorganization to...
White Unicorn raises $20 million fund to invest in European start-ups
White Unicorn Ventures, a Mumbai-based seed-stage investor, has closed its $20-million maiden fund and is looking to deploy a part of the capital in European start-ups. In a telephone interview, Rohit Chokhani...
Emaar India plans to raise Rs1,000 crore debt to complete all projects
Realty major Emaar India plans to raise up to Rs1,000 crore debt to meet construction expenses as it targets to complete all the ongoing 50 projects over the next two years. The company has already raised Rs2,500 crore...
Godrej family office, Piramal scion invest in luxury realty firm
The Godrej family office and Anand Piramal, executive director of Piramal Group and son of Ajay Piramal, have invested in a real estate firm to build high-end luxury holiday homes in Goa, and the Nilgiris in Tamil Nadu...
Xander likely to raise $300-400 million India fund later this year: Rohan Sikri
Global investment firm The Xander Group Inc., which has invested around $2 billion in India’s real estate sector, is planning to ramp up its office portfolio and buy shopping malls under its retail arm Virtuous Retail...
KKR invests Rs 200 cr in realty firm Signature Global
Global investment firm Kohlberg Kravis Roberts & Co Ltd (KKR) has invested Rs 200 crore in real estate firm Signature Global for the development of affordable housing projects. Signature Global, one of the key...
