Largest developers of India, DLF is planning to sell its shares. The realty major aims to raise Rs.2000 Cr through selling shares. DLF plans to sell out nearly 81 million shares. Through this, the realty major aims to raise over Rs.2000 Cr. The shares will be sold via institutional placement program (IPP).
By skgupta
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Posted in Property News
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Also tagged Bank of America-Merrill Lynch, CLSA, DLF, DLF Ltd, DLF shares, institutional placement program, IPP, Jp Morgan, Kotak HSBC, realty shares, Standard Chartered, UBS
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November 11, 2008 – 5:56 am
India’s most valuable real estate firm, DLF Ltd, and American life insurer Prudential Financial Inc (PFI) said they have an in-principle regulatory approval for a mutual fund venture formed in December. “We look forward to a successful launch once we receive the remaining regulatory approvals, which should take place sometime in 2009,” Rajeev Talwar, group […]
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Posted in Property News
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Also tagged Asset Managers, Benchmark Index, Christopher Cooper, Fixed Income Fund, Group Executive Director, International Investments, Launch, Life Insurer, Mantri, Mutual Fund, Nod, Pfi, Prudential, Prudential Financial, Prudential Financial Inc, Pvt Ltd, Regulatory Approval, Regulatory Approvals, Slump
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August 25, 2008 – 7:52 am
Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said. The Bangalore-based developer on […]
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Posted in Property News
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Also tagged Affordable Housing, Citigroup, Construction Techniques, Customer Sales, Golden gate, Golden Gate Properties, Housing Ministry, Housing Units, Income Groups, Low Cost Housing, Modern Construction, Quality Treatment, Southern Cities
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Mr. Abhinandan Lodha, Director, Lodha Group (Bloomberg), confidently said in mumbai that their aim are to raise $2 billion over the next two years from private equity investors and an initial sale of shares to fund its growth. The developer, which has received investments by JPMorgan Chase & Co. and Deutsche Bank AG in the […]
MUMBAI: When the Indian economy was on an upswing, brokerage and real estate stocks were said to be the darlings of equity bourses. When the going was good, some also made their debut on stock exchanges and were a big hit with the investing community. Never mind the fact that some of these stocks were […]
January 28, 2008 – 8:49 am
Rreef has entered into the Indian real-estate sector with initial investment of $70 million. Rreef is known as global alternative investment manager business of Deutsche Bank. Rreef would be taking an undisclosed stake in Bangalore and Hyderabad based Golden Gate Properties Ltd. Rreef has no specially India dedicated fund, it has invested from its global […]
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Posted in Property News
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Also tagged Alternative Investment, Apartment Projects, Assets Under Management, Bangalore, Commercial Projects, Dedicated Fund, Deutsche Asset Management, Global Fund, Golden gate, Golden Gate Properties, Hyderabad, Indian real estate, Initial Investment, Investment Destination, Investment Manager, Majority Stake, Manager Business, Properties Ltd, Real Estate Sector, Residential Apartment, Retail Clients, Rreef, Undisclosed Stake
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