Tag Archives: Indiabulls

Indiabulls REIT Drops Ten Per Cent on Singapore Debut

June 13, 2008 – 6:22 am

An uninspiring opening and an even worse close towards the end of the day marked Indiabulls Properties Investment Trust’s debut on the Singapore Exchange on 11th june.
During the day, it went down to as low as 0.88 cents and closed 10% below the issue price of S$1. The stock could not breach its issue price [...]

By manish | Posted in Property News | Also tagged , , , , , , , , , , | Comments (1)

Indiabulls gets court permission to buy Dev Property

May 8, 2008 – 5:47 am

Indiabulls Real Estate said the Justice of High Court of the Isle of Man in England has sanctioned the proposal to acquire 100% shares of Dev Development Property (DPD).
Finalization of the acquisition shall be competed by issue of fresh 13.8 crore shares of DPD and by canceling the old shares, it informed the stock exchanges.
Dev [...]

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Emaar’s Three SPVs.

May 2, 2008 – 7:21 am

Goldman Sachs, Deutsche Bank and another financial investor are thinking to make a shared investment of eight hundred million dollar in three special purpose vehicles being created by real estate major Emaar MGF. Each SPV will have one financial investor.
Delhi-based developer is in advanced talks with private equity players and is likely to close three [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , | Comments (0)