BCCL picks up ad-for-equity stake in Investor Clinic
Bennett, Coleman & Co. Ltd has acquired an undisclosed stake in an ad-for-equity deal with Noida-based Investors Clinic Infratech Pvt Ltd.
Search Results: private equity (303)
KUL gets Rs 50 crore by private investors
Kumar Urban Development Ltd (KUL) has raised Rs.50 crore from two private investors, taking its total fund-raising this year to about Rs.300 crore.
Blackstone-backed ASK Property Fund invests INR 190 crore in Kalpataru project
ASK Property Fund, the real estate private equity arm of Blackstone backed ASK Asset & Wealth Management Group, has announced the successful investment of INR 190 crore in a project being developed by Kalpataru. The project is an upper mid-segment project, located in Borivali West, comprising 310 units and is spread across 6 acres with a total saleable area of about 6.5 lakh square feet.
Blackstone-backed ASK Group’s ASK Property Fund exits INR 350 crore from QVC Realty
ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has announced a successful exit of INR 354 crore from QVC Realty Developers.
Festive home sales! Reality versus narrative
I often get amused when I get into the details of the industry survey that shouts at the top of its voice – “All is Well”. Some of these industry reports claiming the business to be witness to higher consumer sentiment are based on the feedback of connected parties like developers, banks, financial institutions and private equity players. All in all, it’s a family cycle where everyone is desperate to beg, borrow or steal for sale. The most important stakeholder – the home buyer – whose sentiment is being tracked is better left out in this mutual appreciation club of vested interests.
Compliances for real estate PE under section 42 of The Companies Act, 2013
Private Equity funds, domestic and multi-national, have become major players in the Indian real estate market, investing tens of thousands of crores. While Blackstone and Brookfield have hitherto been largest foreign investors in Indian real estate, a gamut of Japanese Private Equity giants are also making waves. Heavyweight Japanese Corporations such as Mitsui Fudson, Mitsubishi Corporation, Sumitomo Corporation and Genkai Capital too have made big-ticket investments in Indian metro cities.
Real estate attracts $2.2 bn institutional funding in H1 2019, 31% yearly fall
A majority government at the Centre is gradually reviving private equity’s confidence in Indian real estate – especially the commercial sector. ANAROCK research indicates that PE players infused USD 580 mn into Indian real estate in the month of June, immediately after Modi 2.0 took charge.
Warehousing and co-working to flourish in H2 2019 and beyond: Colliers Research
Various private equity players are reviewing the holdings of these institutions and we could see a very big portfolio sale transaction in this quarter involving DHFL. However, there is a lot of action in alternative sectors such as co-living and student housing with players such as Stanza Living, Hamstede and Oyo on a signing spree.
Entity-level PE inflows in Indian realty up 17% in last 2 years
Entity-level investment is an efficient strategy to get a firmer foothold in the real estate market. It allows a private equity investment firm to not only deploy its capital but also gain synergetic skills in the real estate marketplace. PE firms invariably look for high levels of corporate governance in a real estate development company before deciding to invest in it at an entity level.
Singapore PE into Indian real estate triples in last 2 years
Singapore investors are betting big on Indian commercial real estate and other new sunshine sectors, including logistics and warehousing. Major Singapore-based private equity firms are funnelling billions of dollars into the country’s real estate sector, particularly in South Indian cities.