K Raheja Corp inks pact for 0.5 million sq ft office joint development in Pune, Real Estate News, ET RealEstate

MUMBAI: Realty developer K Raheja Corp has entered into a joint development agreement to develop a 3-acre prime land parcel in Pune’s Baner locality. The company has formed an alliance with a Pune-based developer Aditya Shagun Developers to develop the latter’s plot into a commercial office project. The said land parcel has a total development […]

Blackstone’s Nucleus Office Parks targets 24.5 million sq ft by 2020 end, Real Estate News, ET RealEstate

Blackstone Group is scaling up Nucleus Office Parks, an entity that houses commercial properties fully owned by the group, in a bid to own 24.5 mn sft of office parks by the year end, a senior official told ET. Half Blackstone Group’s portfolio is in Southern India. “Nucleus will expand its capability in terms of […]

Mindspace Business Parks REIT inches closer to IPO, revises darft prospectus, Real Estate News, ET RealEstate

MUMBAI: Mindspace Business Parks REIT, an entity jointly backed by realty developer K Raheja Corp and private equity major Blackstone Group, has revised its draft prospectus to raise Rs 1,000 crore through fresh issue of shares via an initial public offering (IPO). Both the entities are expected to offer a part of their existing shareholding […]

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