December 7, 2010 – 1:19 pm
With the loan scam unveiled and access to bank lending being tough, real estate funds and private equity (PE) firms now sense a business opportunity. Hoping that the loan scam will put more transactions on the table, they are actively working for the deal bargains. Bank funding and capital markets are the primary sources of […]
December 9, 2008 – 3:45 am
Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets. The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes […]
By
|
Posted in Property News
|
Also tagged Current Market, Economic Slowdown, Global Financial Turmoil, Global Investors, High Interest Rates, Hingorani, Industrial Projects, Infrastructure Fund, Initial Target, Investment Managers, Market Situation, Office Space, Private Equity Firm, Property Markets, Real Estate Sector, Supply Glut, University Endowments
|
October 3, 2008 – 11:26 pm
As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment. According to industry sources FIRE Capital is currently in the due […]
By
|
Posted in Property News
|
Also tagged Affordable Housing, Ahmedabad, Due Diligence, East India, European Markets, Housing Project, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Ticket Size, Tier II, Venture Capital Fund, Venture Fund, West Bengal
|
With slowdown hitting the real estate sector, land/property deals appear to be falling like ninepins. The latest deal to come unstuck is one involving the K Raheja Universal group and Lupin. According toSources the negotiations between the two parties for part of Lupin’s land at Boisar in Tarapur and Thane district, has fallen through primarily […]
By admin
|
Posted in Property News
|
Also tagged Citra, house, K Raheja Universal, Kalyan, Land, Lupin, Pharmaceutical Firms, Real Estate, Real Estate Developer, Real Estate Sector, Tarapur, Thane District, Universal Group
|
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 […]
By
|
Posted in Property News
|
Also tagged Asset Portfolio, Asset Value, Bandra, Binding Agreement, Crore, Development Platform, Divestment, German Bank, German Investment, Infrastructure, Kalra, London, Memorandum Of Understanding, Public Sector Bank, Redevelopment Project, Retail Project, Stock Exchange, Transaction Value, Trikona Capital
|
February 22, 2008 – 1:08 am
Person owning flats in Mumbai are taken as privileged one. The owner-tenant divide is almost as pronounced as the rich-poor divide. Mr. Shishir Baijal, managing director of Kshitij, the realty fund of Future Group, earns a big amount, but still he is a tenant. He has no home of his own. He stays in 3500 […]