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Real Estate

Updates on funding, policy changes, market trends, and developments driving the real estate industry in India.

Hirco Board Urges Shareholders to Vote Against Activists' Proposals

Infrastructure

14 March, 2009

Hirco Board Urges Shareholders to Vote Against Activists' Proposals

In a letter to its shareholders, the Board of directors of the AIM listed real estate firm Hirco Plc has ......

Activist Property Investor QVT Financial Bays For Trikona's Blood

Infrastructure

09 March, 2009

Activist Property Investor QVT Financial Bays For Trikona's Blood

New York-based hedge fund QVT Financial LP is the shareholder that has demanded that Trikona Trinity Capital sell all its ......

Shareholder Wants Trikona Trinity To Dispose Of All Assets

Infrastructure

05 March, 2009

Shareholder Wants Trikona Trinity To Dispose Of All Assets

A "major" shareholder of Trikona Trinity Capital, the AIM listed real estate fund focused on India, has proposed that the ......

LaSalle Investment Management Makes Appointments In Asia

Infrastructure

13 February, 2009

LaSalle Investment Management Makes Appointments In Asia

LaSalle Investment Management has announced the appointment of David Edwards as fund president of the Asia Property Fund and of ......

Citi Real Estate Arm to Swap Investment From Entity To SPVs In BPTP

Infrastructure

06 February, 2009

Citi Real Estate Arm to Swap Investment From Entity To SPVs In BPTP

The real estate arm of Citigroup, Citigroup Property Investors (CPI) is swapping its investments from the entity level to SPV's ......

Noida's BPTP Project May Not Come Through

Infrastructure

04 February, 2009

Noida's BPTP Project May Not Come Through

The much acclaimed Business Parks and Town Planners (BPTP) project on 3.82 lakh square metres in Noida , may not come ......

FIPB Clears Sun Apollo, IL&FS' Investment In Two Mumbai Realtors

Infrastructure

21 January, 2009

FIPB Clears Sun Apollo, IL&FS' Investment In Two Mumbai Realtors

After the government and Reserve Bank tightened the capital flows to real estate in the past one year, now its seems ......

Indiareit To Raise $300M Fund; Appoints UK's Savills As Placement Firm

Infrastructure

20 January, 2009

Indiareit To Raise $300M Fund; Appoints UK's Savills As Placement Firm

Piramal Enterprises promoted Indiareit Fund Advisors Pvt Ltd is raising a $300 million offshore real estate fund. This is its ......

Kotak Raises $295M In Indian Realty Fund

Infrastructure

09 January, 2009

Kotak Raises $295M In Indian Realty Fund

India's Kotak Mahindra Bank's realty arm has raised $295 million private equity fund from offshore clients to invest in Indian ......

Singapore's ARA Plans To Launch $500 Mn India Property Fund

Infrastructure

06 January, 2009

Singapore's ARA Plans To Launch $500 Mn India Property Fund

Singapore's property fund manager ARA Asset Management(partly owned by Hong Kong business tycoon Li Ka-Shing who earlier sold his stake ......

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