Tag: Phoenix Mills

MPC Energy Buys Equity In Phoenix Mills SPVs

August 23, 2008 – 5:38 am

MPC Energy, a JV between Germany-based MPC Capital and Switzerland-based Synergy Asset Management, has invested Rs 1,300 Crore in the purchase of equity in special purpose vehicles floated by Phoenix Mills, a real estate developer. 70% of the investment is expected to be used for fifteen projects that are in development stages, while the remaining […]

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Phoenix Mills to purchasing Rs 8 bn land

May 13, 2008 – 5:23 am

Phoenix Mills is in the final stage of acquiring three thirty acre plots in Ahmedabad, Hyderabad and Nashik for around eight billion rupees. The company plans to develop malls and entertainment zones on these lands. It is learnt that the deal is likely to be sealed in the next few weeks. The Mumbai-based real estate […]

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