Tag: India commercial real estate
Blackstone acquires Embassy Industrial Parks in India
Blackstone Real Estate managed funds have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group for an enterprise value of $700 million. Embassy...
CPP Investments, RMZ Corp form commercial office JV in India
Canada Pension Plan Investment Board (CPP Investments) and India-based privately owned real estate developer RMZ Corp have formed a joint venture to develop and hold...
Hyatt to grow brand portfolio in India more than 70% by...
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023. With over 20 executed...
Mapletree Logistics Trust enters Indian market with two properties buy
Singapore-based Mapletree Logistics Trust (MLT) has announced the proposed acquisition of two logistics properties in Pune, Maharashtra, India from a subsidiary of an affiliate...
Ivanhoé Cambridge, Embassy Group launch commercial office platform in India
Indian real estate company Embassy Group and Canada-based real estate investment firm Ivanhoé Cambridge have launched a commercial real estate investment platform focused on office business...
IKEA’s shopping malls arm Ingka Centres enters Indian market
Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...
Ascendas India Trust buys Amazon leased building in Hyderabad
Singapore-listed Ascendas India Trust (a-iTrust) has agreed to acquire an IT SEZ building, aVance 6, from Phoenix Group at HITEC City, Hyderabad for INR...
Embassy REIT completes $1.3bn acquisition of Embassy TechVillage
India’s Embassy Office Parks REIT (Embassy REIT) has completed the acquisition of Embassy TechVillage assets (ETV), an office park in Bengaluru, from the Embassy...
GIC, ESR establish US$750m JV to invest in industrial assets in...
Singapore’s sovereign wealth fund GIC and ESR Cayman Limited have entered into an 80:20 strategic partnership to establish a US$750 million joint venture to...
Embassy REIT to purchase Embassy TechVillage assets in Bengaluru for $1.3bn
Embassy REIT, India’s first publicly listed REIT, has agreed to purchase Embassy TechVillage assets in Bengaluru from affiliates of Embassy Sponsor, Blackstone Sponsor and...
