Tag: Singapore

Indian Companies invested $2.7 bn overseas in March.

Overseas investments by Indian companies stood at USD 2.77 billion in March, up 37.6 percent over the previous month, with Binani Industries, Mercator Lines, HCL Technologies, Varun Shipping, Hexaware Technologies, and Tata Steel emerging as major investors. As many as 489 overseas investment transactions were carried out by various companies in March, as per the […]

Chennai leads Indian Real Estate Sector.

In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas buyers this year. The Indian property market will see more investment from overseas this year as it still remains an attractive […]

TCI To Foray Into Real Estate Sector

Transport Corporation of India, so far engaged in movement of cargo over land and sea, is planning to venture into the real estate sector with pan-India presence. “We plan to get into the real estate sector as we have land bank all over the country,” TCI Executive Director Vineet Agarwal said. The company has 200 […]

Developers Are In Search Of New Attraction Points

Developers are offering Swedish massage, a vigorous Kerala head rub, a good old steam bath and many more at picture perfect destinations that are a good trek away from cities. After making luxury villas and apartments in the heart of town, property firms are now wooing people to exotic spas and resorts. From luxury to […]

Mapletree Starts Third Property Project In China

Mapletree, a property investment unit of Singapore state-owned Temasek Holdings, announced on Monday that its private real estate fund, Mapletree India-China Fund (MIC Fund), is developing a property worth US$320 million in China’s Guangdong Province. This is MIC Fund’s third investment in China after its investments in a residential and retail development in Xi’an and […]

IBull Realty Arm May Raise 286 Million US Dollar In Singapore

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 […]

DLF Assets Raises $450 Million from Symphony Capital; Singapore IPO On Cards

DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for […]

Citi realty arm to buy 10% stake in Golden Gate for Rs 400cr

Citigroup’s real estate arm is set to invest around Rs 400 crore in Bangalore-headquartered Golden Gate Properties for about 10% stake. The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup’s back-to-back deals in the domestic real estate space in the last fortnight. Early last […]

Buy a home abroad, get a jet free

One can get a BMW or a private jet, a multiple entry visas or a free ticket to fly down as an incentive for buying a home or investing in property  abroad. The Luckiest person can get a permanent residency or citizenship too.

REITs For Booming Real Estate

SINGAPORE, March 17 – The Securities and Exchange Board of India (SEBI) said on Monday that it was looking at the introduction of real estate investment trusts (REITs), but this will come only after other financial market liberalisation moves. “We have got remarks from market players. I would say that in the timetable, that will […]

Citi And Merrill Likely To Invest Rs 2000 Crore In DLF Realty

NEW DELHI: Global financial firms Citigroup, Merrill Lynch and DE Shaw are likely to invest Rs 2,000 crore or $500 million in the DLF Assets’ (DAL) real estate investment trust(REIT), according to sources. The transaction is likely to be completed by early next week. Part of DLF Group, the largest real estate developer in the […]

Big Property Players gear up for Cityscape Asia

A real estate event that will draw big-time property devolopers from the Middle East as well as rest parts of the globe will take place in Singapore in April from 15 to 17.

Singapore Realty Developer plans to tap Indian Market

Singapore’s largest private property developer, the $4-billion Far East Organization, is keen to get a toehold in India. The Singapore conglomerate is talking to prospective Indian partners for its proposed foray in the booming realty market, especially in major metros like Delhi, Mumbai, Kolkata and Chennai. Mr.Chia Boon Kuah, executive director, said “We are talking […]

Indiabulls Real Estate buys entire stakes in UK unit

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 […]

Asian real estate board sees Singapore as major REITs centre

Singapore – The Asian Public Real Estate Association said on Tuesday told that a body which represents publicly traded Asia-Pacific real estate has set up a chapter in Singapore to ultimately serve as a major cross-border REITs centre. Market capitalization of the city-state’s real estate investment trust (REIT) market amounts to 21.6 billion dollars, second […]

Dev Property Puts Forward The Disposal Of Interests In Two Development Projects

January 09,2008. Dev Property Development Plc (DPD.L) today declared that it intends to organize its entire interest in two development projects- The Jupiter Mills Project Elphinstone Mills Project Total Investment on these two projects is £114 million. The company has declared its strategy that it will seek shareholder approval for the disposal of its interests […]

DLF- Building India

DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families. Indian real-estate sector […]