Tag: Private Equity Funds

Investment in Asian real estate sector to benefit India

India may get benefited from the increased fund allocation to Asian real estate sector by global investors. Even as total amount raised by private equity real estate funds between January and November 2008 fell by a third to $57 billion from a year ago, the allocation towards Asian markets increased to 28% from 19%. As […]

Unitech sounds out PEs to sell hotel properties

Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]

US Financial Crisis Affects Real Estate Sector

The crisis in the US financial market will hit the Indian real estate sector hard. The sector was already reeling under tremendous pressure as RBI increased the interest rates to contain inflation, besides restricting the fund flow in it. Consultants said that in the present circumstances the real estate prices will go for a sharp […]

Frasers Hospitality Will Invest In China, India And Southeast Asia

Frasers Hospitality, Asia’s 2nd largest serviced-apartment operator, said it’s in talks to set up private equity funds to invest in China, India and Southeast Asia after delaying its planned share sale. The company, which expanded its portfolio eight fold to 3,287 apartment units in the past decade, is raising funds for new developments together with […]

PE Money Coming In Full Flow Into Indian Realty

The private equity (PE) graph in India’s real estate sector is growing as high as its skyscrapers. The first five months of 2008 have PE commitments in Indian real estate companies surpassing the total PE investments committed in the whole of 2007, which is $3 billion. Experts say PE funding in the second half of […]