Tag Archives: Merrill Lynch

Merrill buys into Rajlaxmi’s new warehousing project

November 14, 2008 – 1:23 am

Merrill Lynch, the US-based investment bank, has picked up a minority equity stake in Hyderabad-based logistics provider Shree Rajlaxmi group’s upcoming warehousing development project for an undisclosed amount.
“The project is a high-quality warehousing development that offers solutions to customers to enhance efficiency in their distribution channels,” said Rajlaxmi group director Anish Damodaran. The group has [...]

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Overbuilding Promises A Kick In The Gut For Realtors

September 28, 2008 – 11:31 pm

Nipun Sahni, director and global head of commercial real estate at Merrill Lynch Capital, says the number of information technology parks and special economic zones in the 21-km Old Mahabalipuram Road — popularly known as OMR — in Chennai surpasses demand in the entire IT industry in India.
he said at a Ficci seminar, “It will [...]

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Merrill Lynch Consolidates Stake In Ansal Properties

August 23, 2008 – 2:14 am

Foreign fund house Merrill Lynch Capital Markets has consolidated its stake in real estate major Ansal Properties and infrastructure to nearly 6%.
Merrill Lynch Capital Markets Espana SA SV has acquired as much as 11.63 lakh equity shares representing 1.03% stake in Ansal Properties through secondary market purchase route. Prior to this transaction the foreign fund [...]

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IBull Realty Arm May Raise 286 Million US Dollar In Singapore

May 26, 2008 – 5:14 am

The trust, part of Indiabulls Real Estate Ltd., plans to sell 353 million units of Indiabulls Properties Investment Trust at between S$1 and S$1.10
Indiabulls Properties Investment Trust could raise up to $388.3 million (US$286million) selling units in a real estate investment trust (REIT) in Singapore, according to reports. The trust, part of Indiabulls Real Estate [...]

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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 [...]

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Real Estate Development Prospect in India

January 15, 2008 – 3:25 am

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the [...]

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