- 03/10/2025
- by GAGA
- GAGA Realty
Sattva, Blackstone files papers for REIT with plan to raise up to Rs 7,500 cr
Bengaluru-based real estate developer Sattva Group and Blackstone, the worldβs largest alternative asset manager, has filed papers for the largest Real Estate Investment (REIT) in India to raise up to Rs 7,500 crore, said persons with direct knowledge of the development.The proposed REIT that will combine assets of Sattva and Blackstoneβs Nucleus Office Parks totaling…
READ MORE- 02/05/2025
- by GAGA
- GAGA Realty
Mindpsace REIT acquires 18.2 lakh sq ft commercial complex in Hyderabad for Rs 613 crore
Realty firm Mindspace Business Parks REIT has acquired 18.2 lakh commercial area in Hyderabad for Rs 613 crore to expand its rent-yielding portfolio.Mindspace REIT, which is listed on stock exchanges, will acquire 100 per cent equity of Sustain Properties Pvt Ltd, which owns this 18 lakh square feet area. The shareholders of Sustain Properties will…
READ MORE- 02/03/2025
- by GAGA
- GAGA Realty
Mindspace REIT to acquire 1.8-million-sq-ft IT park in Hyderabad for Rs 2,038 cr
K Raheja Corp-backed Mindspace Business Parks REIT is set to acquire an information technology (IT) park Commerzone Raidurg with 1.82 million sq ft office space in Hyderabadβs Madhapur micro market for an enterprise value of Rs 2,038 crore.The entire IT park is already leased to US-based semiconductor and telecommunications company Qualcomm. The REIT held a…
READ MORE- 29/04/2025
- by GAGA
- GAGA Realty
Mindspace REIT leases over 1.7 million sq ft in Q3, makes offer for 1.8-mln-sq-ft IT park
K Raheja Corp-backed Mindspace Business Parks REIT has leased over 1.7 million sq ft office space during the quarter ended December led by robust demand from multinational companies for setting up Global Capability Centers (GCCs).The Real Estate Investment Trust (REIT) has pre-leased an asset spread over around 1 million sq ft at Gera Commerzone Kharadi…
READ MORE- 29/04/2025
- by GAGA
- GAGA Realty
Embassy group looks to raise Rs 1,600 cr debt
The Embassy Group, which runs a real-estate investment trust (REIT), plans to raise Rs 1,600 crore of fresh debt through zero coupon bonds to fund new projects, refinance existing debt, and acquire a 5% stake in WeWork India from WeWork Global, sources close to the development told ET.Embassyβs closely held subsidiary, Serenesummit Realty, will be…
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