GMR Infrastructure Limited on Friday said it received Rs 1,692 crore as first tranche of consideration towards the sale of equity owned by its subsidiary GMR SEZ and Port Holdings Limited of its entire 51 per cent stake...
Kite Realty, Retail Properties to merge in $7.5 billion deal
Kite Realty Group Trust said on Monday it will buy rival Retail Properties of America Inc for about $2.8 billion to create one of the top five shopping center real estate investment trusts in the United States. Retail...
Air India to sell realty assets for up to ₹300 cr
National carrier Air India Ltd is offering to sell several properties including offices, flats and staff quarters at major metropolitans as the cash-strapped airline makes a renewed attempt for such divestments this...
Mantra Properties, Solitaire submit bids to acquire realty firm D S Kulkarni through insolvency
Mantra Properties & Developers and Solitaire group are among the three companies which have submitted their bids to acquire Pune-based listed realty firm D S Kulkarni Developers through the insolvency process. In...
Blackstone to buy data-center operator QTS Realty Trust for $6.7 billion
Blackstone Group Inc. has struck a roughly $6.7 billion deal to buy QTS Realty Trust Inc. and take the data-center operator private. The investment giant’s infrastructure unit, Blackstone Infrastructure Partners...
PEXA shareholder Link says KKR offers over $2.3 billion deal for realty firm
Private equity giant KKR & Co has offered to buy online real estate company PEXA in a A$3 billion-plus ($2.32 billion) deal, top shareholder Link Administration Holding Ltd said on Thursday. Link, which owns 44.2%...
Realty Income to buy commercial property landlord VEREIT for about $11 billion
Realty Income Corp said on Thursday it would buy commercial property landlord VEREIT Inc for about $11 billion and spin off office properties of both companies into a publicly traded REIT. VEREIT shareholders will...
Shopping center owner Kimco Realty bulks up with $3.87 billion Weingarten deal
Shopping center owner Kimco Realty Corp said on Thursday it would buy rival Weingarten Realty Investors for about $3.87 billion, adding heft to its business just as more parts of the U.S. economy reopen with the rollout...
Blackstone concludes $1.5-billion realty deal with Prestige
The Blackstone Group has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, said three people with direct knowledge of the...
Realty firm Prestige Group partners Awfis to set up 6 co-working centres
Realty firm Prestige Group has tied up with co-working operator Awfis to set up six centres, comprising around 4,000 desks, in Bengaluru, Hyderabad and Chennai with an investment of about Rs 40 crore. Bengaluru...
Realty firm Mahindra Lifespace ties up with Extramarks Education
Realty firm Mahindra Lifespace on Thursday said it has partnered with edutech company Extramarks Education for providing online learning to its customers, brokers and employees at a discounted rate. Extramarks is a...
Cannae Holdings, Senator offer to buy realty data firm Corelogic in $7 billion deal
Corelogic Inc on Friday received an unsolicited offer from shareholders Cannae Holdings Inc and Senator Investment Group LP to buy the real estate data analytics firm in a $7 billion deal, sending its shares up more...