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...
The debentures have been allotted at a 35% premium to the company's share price on Tuesday. They have to be converted into ordinary shares on or before 18 months from the date of issue. These debentures carry a coupon of 14.9% per annum. Shares of Indiabulls Ventures fell 1.5% to close...