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Two PE-backed bidders in fray for Embassy's warehousing parks

Infrastructure

12 August, 2020

Two PE-backed bidders in fray for Embassy's warehousing parks

Embassy Industrial Parks, a joint venture between Bengaluru developer Embassy Group and private equity firm Warburg Pincus, has drawn interest ......

Premium
Welspun One Logistics Parks eyes funding as pandemic shines spotlight on warehousing

Infrastructure

30 July, 2020

Welspun One Logistics Parks eyes funding as pandemic shines spotlight on warehousing

Welspun One Logistics Parks is looking to raise capital from institutional and private equity investors, a top executive told VCCircle. Anshul ......

Embassy to take control of Indiabulls Real Estate after merging 11 projects

Infrastructure

16 July, 2020

Embassy to take control of Indiabulls Real Estate after merging 11 projects

Embassy Group will merge 11 residential and commercial projects with Indiabulls Real Estate Ltd as part of an all-stock deal ......

Blackstone makes partial exit from Embassy Office Parks REIT

Infrastructure

24 June, 2020

Blackstone makes partial exit from Embassy Office Parks REIT

Private equity giant Blackstone has sold part of its stake in a real estate investment trust formed with Bengaluru developer ......

WeWork India lays off 20% of workforce as virus lockdowns weigh

Infrastructure

19 May, 2020

WeWork India lays off 20% of workforce as virus lockdowns weigh

WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup ......

Grapevine: Warburg Pincus to exit Embassy JV; SBI-led group may buy Yes Bank stake

General

05 March, 2020

Grapevine: Warburg Pincus to exit Embassy JV; SBI-led group may buy Yes Bank stake

US-based private equity fund Warburg Pincus is looking to exit Embassy Industrial Parks, its joint venture with Bengaluru-based Embassy Group, ......

Indiabulls to take over some Embassy projects in Blackstone-backed deal

Infrastructure

31 January, 2020

Indiabulls to take over some Embassy projects in Blackstone-backed deal

IndiaBulls Real Estate Ltd said on Friday it will merge with itself some housing and office projects of Embassy Property ......

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

General

23 October, 2019

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

Malaysia’s IHH Healthcare is planning to reduce its India footprint by cashing out of its 62.2% stake in Hyderabad-based Continental ......

Embassy Group to retain 14% stake in Indiabulls' real estate business

Infrastructure

11 October, 2019

Embassy Group to retain 14% stake in Indiabulls' real estate business

Real estate developer Embassy Group is planning to retain its 14% stake in Indiabulls Real Estate Ltd even though the ......

WeWork India fights for funds after talks with ICICI Bank collapse

Infrastructure

10 October, 2019

WeWork India fights for funds after talks with ICICI Bank collapse

WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since ......

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