This additional 2.6 million square feet of space is in the early stages of construction and will be a part of its existing integrated business parks and campuses
Post this deal, Blackstone stake will come down by around nine per cent from around 55 per cent shareholding earlier.
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
The secondary placement of units in a price band of Rs 340-350 apiece is at a discount of 3.7-6.4 per cent to Tuesday's closing price of Rs 363.55 on the National Stock Exchange.
The partnership will help Allcargo's growing third-party logistics business into which it had invested around Rs 1,000 crore
Stephen Schwarzman talks to Pavan Lall about lessons from India, how he catches up on lost sleep and his formula to stay ahead of competition
The price represents an almost 100% premium to the HK$3.03 average price of SOHO China's shares in January.
Schwarzman spoke to Pavan Lall, and fielded questions on concerns about the coronavirus, the next few quarters for the world economy, and doing business in India
Global investors have bet big on malls in the country due to fixed rental income and low risk involved
Awards announced for nine other categories; Adi Godrej gets Lifetime achievement award
The buyout firm also completed the sale of its 61% stake in Swedish property firm Hembla AB to German real estate company Vonovia SE for about $1.3 billion
Deal size expected to be in the Rs 2,000-25,000 crore range
Titled Ten Surprises for 2020, the report is a list unexpected events that could influence and shape the sociopolitical landscapes worldwide for this year
Certain entities of Blackstone Group are also the selling unitholders in the initial public offer (IPO)
Indiabulls Real Estate has already sold its key commercial properties in Mumbai such as Indiabulls One and Indiabulls Finance Centre and properties in Chennai to Blackstone.
Indiabulls has been selling its completed as well as ongoing commercial assets to Blackstone to reduce its debt
CDEL currently has a three-member board, including Siddhartha's wife Malavika Hegde and S V Ranganath, a retired bureaucrat who acts as the chairman now
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Wadhwa group, one of the largest owners of office property in the BKC area, plans to float a REIT after onboarding an investor
Finding the right CEO fast, and expanding segments are key