This section offers news briefs on the capital markets. Indiabulls Real Estate raised $550 million in a share placement as demand for Indian equities increased in the wake of the Congress Party's election victory in May 2009. Citi placed a $75 million block of Reliance Industries shares under...
A Blackstone-Indiabulls joint venture in India leads the real estate headlines today, closely followed by the news that a Singapore shopping mall is being put up for a collective sale with a price tag just shy of $1 billion. In other news around the region, two real estate firms are said...
Country: SHARE The National Company Law Appellate Tribunal (NCLAT) has sanctioned the scheme of amalgamation between Indiabulls Real Estate Limited (IBREL) and the Embassy Group, merging the two real estate giants. This ruling overturns an earlier objection by the National Company Law Tribunal (...
A joint bet on India residential finance by the world’s largest real estate fund manager together with one of the biggest sovereign wealth funds leads today’s collection of real estate headlines from around the region, with troubled mainland developers also holding their spots in our countdown ...
In July,private equity giant Blackstone Group LP agreed to buy a commercial propertyin Chennai from Indiabulls Real Estate Ltd for Rs 850 crore ($123 million). The transaction was part of Indiabulls Real Estate’s decision to reorganise its commercial leasing business in India and exit non-core...