Tag: #Joint Venture

IPO

Brookfield may merge its commercial properties into REIT to offer Initial Public Offering.

December 20, 2019

According to sources, In order to move into an initial public offering (IPO) to raise over a billion dollars (more than 7,000 crores in the current rates), Brookfield Asset Management could merge its commercial properties into a real estate investment trust (REIT). Brookfield’s Indian properties, which are 15-20 million square feet of commercial property, are […]

Brookfield may merge its commercial properties into REIT to offer Initial Public Offering.more
Keppel Land and Rustomjee Group

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.

December 17, 2019

Keppel Land, based in Singapore, has established a joint venture with the Rustomjee Group through its wholly-owned subsidiary, with the aim to develop the 51.4-hectare integrated Urbania township of Thane in the Mumbai region, a company statement said. Keppel Land is set to buy a 49% stake for over Rs 400 crore in the joint […]

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.more
Prestige Group Deal

Prestige Group acquires a joint venture deal for a Commercial property located in Bandra, Mumbai.

November 19, 2019

Prestige Group, the real estate company, has purchased 28.99% stake in the commercial development of a DB Realty project. This Commercial property is located in Mumbai’s Bandra area which is having over 7 lakh sq ft development potential and priced at approximately Rs 2,100 crore. The joint venture will develop a project for mixed uses, […]

Prestige Group acquires a joint venture deal for a Commercial property located in Bandra, Mumbai.more