Prestige group to sell commercial projects to Blackstone for Rs 9,160 crore, Real Estate News, ET RealEstate

NEW DELHI: Realty firm Prestige Estates Projects Ltd on Monday said it has agreed to sell a large portfolio of office, retail and hotel properties to global investment firm Blackstone for an enterprise value of Rs 9,160 crore. Bengaluru-based Prestige has signed term sheets on Monday with the Blackstone group, and the deal is likely […]

RMZ to sell commercial assets to Brookfield for around Rs 14,000 crore, Real Estate News, ET RealEstate

NEW DELHI: Bengaluru-based realty firm RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore as part of its strategy to become debt free, sources said. The two companies have already approached fair trade regulator CCI for approval […]

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