Majority of the PERE Investments are done in Bangalore and Mumbai. Experts opine that this is due to the higher number of IT hubs in these cities. MUMBAI: Private Equity in Real Estate is one main sources of income for the builders. However the recent reports show that the PERE investments are mainly done in Mumbai […]
Tag: Private Equity
Real Estate Asset Divestment: Easy Means To cut off debt
December 20, 2012 – 6:48 pm
Most often MNCs divest their real estate assets to overcome their financial crises. This phenomenon is not confined to Indian Corporates alone. Whenever any MNCs are loaded with debt it seeks to repair with divesting some real estate assets. They may face debt due to sluggish market or economic recession. Rising debt has been a […]
Foreign Real Estate Investors Skip Indian Market
December 19, 2012 – 6:55 pm
Due to the sluggish behavior, Real estate market India has been termed “investor unfriendly.” UK – centered RICS (Royal Institution of Chartered Surveyors) recently reported that Real estate market India is not up to the global standards. Global real estate investors do not prefer Real estate market India. This is mainly due to its sluggishness. […]
India Witnesses Reduced Foreign Real Estate Investment
December 18, 2012 – 1:52 pm
India recently lost a bigger amount of foreign real estate investment. UK – centered RICS reported that India real estate market in has become investor unfriendly. Royal Institution of Chartered Surveyors RICS said that real estate investment in India is not preferable due to many reasons. The existing real estate market situation is totally against […]
Blackstone Launches Asia Focused Real Estate Fund
December 11, 2012 – 7:38 pm
Blackstone Group LP is about to launch its Asia Focused Real Estate Fund. Blackstone Group hopes to seize the Asian real estate market with this fund. Blackstone Group is considered as the largest private real estate firm in the whole world. The firm has revealed its plans to launch another real estate fund in Asia.
In Pune, India’s Other Growth City Private Equity Likes Real Estate Investing
May 15, 2012 – 4:19 pm
According to Sameer Gholve, Manager of Capital Markets at Jones Lang LaSalle India, Pune has been favoured destination amongst Real Estate PE funds since 2005 – the year FDI opened for real estate. Most of the funds are based out of Mumbai, which gives Pune obvious preference, as the city’s proximity allows these funds to […]
Unitech raises fund from overseas PE
June 27, 2009 – 11:20 am
Unitech raised 575 million dollars by placing shares with overseas private equity funds at Rs 81 a unit. This clearly indicates the rising interest of foreign investors in the Indian real estate market. The company planned to raise only 200 million dollars, but as demand was huge, it decided to increase the issue size. The […]
Sobha in talks with private equity
June 26, 2009 – 12:58 pm
Real estate major Sobha Developers is in talks with private equity players such as JP Morgan, Actis and IL&FS for selling stakes in some of its projects to raise much-needed fund for the development. Sobha is also planning a qualified institutional placement to reduce debt burden by almost eight hundred crore rupees this fiscal. The […]
Real Estate Deals Down 57% Globally In 2008
October 17, 2008 – 5:31 am
The number of commercial property transactions has dropped off significantly in the past three months, according to a report by Real Capital Analytics – including in Asia. Macklowe, Fortress, Morgan Stanley, Aviva and GE are the world’s biggest sellers of real estate. Commercial property deals are down globally by 57% over the past year, with […]
Malls In Small Towns
June 25, 2008 – 6:55 am
Now small towns will also have value malls. Mirroring its cinema infrastructure model, E-CITY Ventures, part of the Essel Group, is setting up forty-five value malls aggregating ten million square feet in emerging real estate cities. Mr. Atul Goel, CEO, E-CITY Ventures, said, “For this project, we are looking at equity funding of Rs 450 […]
Private Equity Finds Welcome Mat On Indian Property
April 30, 2008 – 4:33 am
Private equity funds sense their time has come in the Indian property arena, with developers offering plum deals as banks tighten lending and a stock market slump shuts off public share offerings. Since India eased rules on inward investment in the construction industry in early 2005, foreign investors have earmarked an estimated $20 billion for […]
GIC All Set For big Real Estate Deal In India
April 2, 2008 – 7:17 am
GIC Real Estate, the real estate investment division of the Government of Singapore Investment Corporation, is planning out a bigger game plan for India. According to industry sources, the firm which runs a multi-billion dollar portfolio of direct and indirect property investments with all most 200 investments in over 30 countries is singling out a […]
Deutsche Bank Picks Up 40 Percent Stake In Ramprastha
March 29, 2008 – 2:27 am
Deutsche Bank has raise up close to 40 percent stake in Ramprastha Promoters and Developers. Ramprastha Promotors and Developers is a group company owned by Delhi-based Ramprastha Group for $80 million. Ramprastha Promoters and Developers have been primarily engaged in developing housing projects in the national capital region (NCR).
ICICI Venture buys 15% in Arrow Webtex
March 1, 2008 – 4:30 am
Private equity firm ICICI Venture has picked up a 14.9% stake in Mumbai-based textile and real estate development firm Arrow Webtex through a preferential allotment. The deal is estimated to be in the region of around Rs 130-140 crore. The transaction gives the private equity fund a stake marginally below the level which mandates an […]
Real Estate India will be benefited by PE Investment In next two year
February 1, 2008 – 1:31 am
With a revenue margin of approximately 35% to 50%, Private Equity (PE) land in India is one of the best beneficiaries of the Real Estate Sector of the country. Within the upcoming two years Private Equity (PE), out of the country firms venture in Indian market is likely to touch US$48bn. More than 400 such […]
