Tag Archives: Indiabulls

Emaar SPVs To Get $800 Million PE Funding

May 1, 2008 – 7:47 am

Goldman Sachs, Deutsche Bank and one more financial investor are likely to make a combined investment of $800 million in three special purpose vehicles (SPVs) which are being created by real estate group Emaar MGF. Each SPV will have one financial investor who will hold a minority stake.

By Rajani | Posted in Real Estate Information, Real Estate News | Also tagged , , , , , , , , , , , , , , , , , , | Comments (2)

Indiabulls in Pounds 138m Aim Deal

March 3, 2008 – 5:36 am

In the biggest deal of its type, Mumbai-listed real estate company Indiabulls will make an all-share offer for Aim-listed Dev Property Development.
It will be the first time that a deal of this size - Pounds 138 million - will be financed in the UK entirely by Indian shares.
Indiabulls is a property and financial services conglomerate [...]

By manish | Posted in Real Estate Information, Real Estate Investment | Also tagged , , , , , , , , | Comments (0)

Indiabulls Real Estate buys entire stakes in UK unit

February 28, 2008 – 5:48 am

MUMBAI - Indiabulls Real Estate Ltd said on Thursday its board had approved acquiring the entire stakes in Dev Property Development Plc in a 138- million-pound sterling (10.9 billion rupees) share-swap deal.
Dev, which listed on London’s junior stock exchange in 2007, is promoted by the Indian property developer and holds stakes in several of Indiabulls [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , | Comments (0)