Tag Archives: Lehman Brothers

Sobha Sells 40% In Bangalore Project

July 3, 2008 – 7:06 am

Sobha Developers Ltd leading real estate company said on 02nd July it has sold forty percent stake in an forthcoming Bangalore project to Dubai’s Pan Atlantic LLC for ten million dollar.
Sobha plans to develop a 1.7-million-sq ft residential township at the plot in south Bangalore. A senior company official said the present value of the [...]

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

Lehman Bros Arm To Buy 50% In Unitech Project

June 16, 2008 – 12:04 am

Lehman Brothers Real Estate Partners has agreed to invest approximately US$175 million to acquire a 50% stake in the initial phase of a master-planned project on the Western Expressway of Mumbai.
The project is being jointly developed by Unitech Ltd. and their local Mumbai Partners (the Western Expressway JV).
The initial phase entails development one million square [...]

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