November 28, 2008 – 2:15 am
Fortis Healthcare Ltd has a strategy to build hospitals with real estate giant Emaar MGF Land Ltd and DLF Ltd appear to be going nowhere amid Fortis’ concerns over the sites that were proposed by both builders. Fortis had signed a memorandum of agreement with DLF in January last year to set up fifteen hospitals in […]
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Also tagged Ambitious Plans, DLF, Emaar, Fortis, Healthcare Ltd, Hospitals, Manesar, Memorandum Of Agreement, Mgf, Mohan Singh, Spokesman, Tier II, Townships
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LIC Housing Finance, the mortgage arm of Life Insurance Corporation of India (LIC), is set to foray into the venture capital arena. It intends to start Rs 500 crore real estate fund by the end of this financial year. LIC Housing Finance is reportedly scouting for a banking partner for raising capital and will soon […]
German investment bank SachsenFonds (SF) has bought stake in four realty projects of London Stock Exchange listed, India-focussed realty fund Trikona Trinity Capital for Rs 607 crore ($150 million). Trikona has made returns of 115% in the transaction. In the Delhi-based Uppal IT park, SF raised its stake from 8% to 33%. In the Hyderabad-based […]
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Also tagged Asset Portfolio, Asset Value, Bandra, Binding Agreement, Crore, Development Platform, Divestment, German Bank, German Investment, Infrastructure, Kalra, London, Public Sector Bank, Realty Fund, Redevelopment Project, Retail Project, Stock Exchange, Transaction Value, Trikona Capital
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DUBAI:, A leading Indian public sector bank Bank of Baroda, has signed a memorandum of understanding with Dubai-based real estate company Dubai Properties for funding buyers of the latter’s products in the United Arab Emirates (UAE). In a statement Dubai Properties declared that the contract has been signed between Bank of Baroda chief executive for […]
January 28, 2008 – 7:41 am
21 January 2008: Emaar MGF and Fortis Healthcare plan to form a joint venture to set up 25 hospitals across major cities in India, with an investment of Rs 1,200 crore. Main aim of this healthcare plan is to provide the features of “one-stop shop”. That’s why they have decided that hospitals will provide upper […]
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Also tagged Economic Zones, Emaar MGF, Emaar Properties, Estate Projects, Fortis, Fortis Healthcare, Fortis healthworld, Healthcare Plan, Hospital, Initial Public Offer, Joint Venture, Joint Venture Agreement, Leading Real Estate, Major Cities In India, Mohali, Mohan Singh, MoU, North India, Pathology Laboratories, PJSC, Retail Education, SEZ, SRL Ranbaxy, Tertiary Levels
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