Real Estate
Bollywood Stars Make Big Moves in Mumbai's Real Estate Market
In the current financial year, Bollywood's biggest stars have been making strategic moves in Mumbai's real estate market, with significant property transactions that highlight their savvy approach to asset management.
Real Estate
Brookfield Sells 50% Stake in Pune Office Park to 360 ONE Asset
Global investor Brookfield Asset Management has sold a 50% stake in Bluegrass Business Park, Pune, to 360 ONE Asset for an enterprise value of ₹2,400 crore, marking a significant addition to the latter's institutional real estate portfolio.
Real Estate Pune
360 One Asset Acquires 50% Stake in Bluegrass Business Park, Pune
360 One Asset, through its real assets funds, has acquired a 50% stake in the Bluegrass Business Park in Pune from Brookfield Asset Management for an enterprise value of Rs 2,400 crore. The asset is a 2-million square feet office development in Kalyani Nagar, Pune.
Real Estate Pune
Brookfield Sells Stake in Pune Office Park to 360 ONE Asset: A Strategic Move
Global investor Brookfield Asset Management has sold a 50% stake in the Bluegrass Business Park in Pune to 360 ONE Asset, highlighting the growing interest in India's resilient office market.
Real Estate Pune
360 ONE Asset Acquires 50% Stake in Bluegrass Business Park in Pune for ₹2,400 Crore
360 ONE Asset has acquired a 50% stake in Bluegrass Business Park, a prime office development in Pune, from Brookfield Asset Management for ₹2,400 crore, enhancing its real estate portfolio.
Real Estate
Manzil Asset Management Raises Rs 475 Crore from Indian Investors in UAE Real Estate
Manzil Asset Management has successfully raised over Rs 475 crore from Indian ultra-high net-worth individuals, driven by the strong performance of the UAE real estate market, particularly luxury villas.
real estate news
Manzil Asset Management Secures Rs 475 Crore from Indian Investors in UAE Real Estate
Manzil Asset Management has successfully raised over Rs 475 crore from Indian ultra-high net-worth individuals, highlighting the growing interest in structured UAE real estate opportunities.
Real Estate
Manzil Raises Rs 475 Crore from Indian Investors for UAE Real Estate
Manzil Asset Management secures over Rs 475 crore from Indian ultra-high net-worth individuals, highlighting the growing interest in luxury villas and Dubai real estate.
real estate news
Manzil Raises Rs 475 Cr from Indian Investors for UAE Real Estate Ventures
Manzil Asset Management secures Rs 475 crore from Indian ultra-high net-worth individuals, marking a significant investment in the UAE real estate market.
Real Estate Mumbai
Maharashtra Launches Geo-Mapping of 45,000 Waqf Properties for Major Revenue Boost
Maharashtra is set to become the first state in India to introduce geo-mapping of all Waqf Board assets, covering nearly 45,000 properties across 92,000 acres of land. This initiative aims to tighten oversight and enhance the utilization of these religious and charitable properties.
Real Estate Mumbai
Brookfield Expands Mumbai Presence with ₹370 Crore Jet Airways Office Acquisition
Brookfield Asset Management has strengthened its presence in Mumbai’s Bandra-Kurla Complex (BKC) by acquiring an additional office floor from Jet Airways for ₹370 crore, further consolidating its influence in the area.
Real Estate Mumbai
Brookfield Acquires Jet Airways’ Office Space in Mumbai’s BKC for ₹370 Crore
Brookfield Asset Management has acquired an additional office floor in the 19-storey Godrej BKC tower, previously owned by Jet Airways, for ₹370.25 crore. This strategic move boosts Brookfield’s presence in Mumbai’s prime commercial district.
real estate news
Brookfield Secures Additional Jet Airways Office Space in Mumbai’s BKC
Brookfield Asset Management, a global alternative investment firm, has acquired another floor in the Godrej BKC commercial tower in Mumbai, expanding its real estate holdings in the city’s business district.
Real Estate Mumbai
Brookfield Expands Mumbai Real Estate Portfolio with Jet Airways’ Office Property
Brookfield Asset Management has acquired an additional office floor in Godrej BKC, a prime commercial tower in Mumbai's Bandra-Kurla Complex, through the insolvency process of Jet Airways.
Real Estate
Wealth Inequality in India: Top 1% Hold 60% of Assets in Real Estate and Gold
The top 1% of India's wealthiest citizens have invested 60% of their wealth in real estate and gold, according to a recent report by Bernstein. This segment, comprising Ultra High Net Worth Individuals (UHNI) and High Net Worth Individuals (HNI), controls nearly 60% of the country's total assets.
real estate news
George Hongchoy to Step Down as CEO of Asia’s Largest REIT After 16 Years
George Hongchoy, the head of Link Asset Management Ltd., the manager of Asia’s largest real estate investment trust, plans to retire after a successful 16-year tenure. During his leadership, the LINK REIT has more than doubled the Hang Seng Index, returning 10.2% annually including dividends.
real estate news
Macquarie Asset Management Expands European PBSA Sector with Strategic Acquisitions
Macquarie Asset Management has entered the European Purpose-Built Student Accommodation (PBSA) market by acquiring and combining two specialist platforms, MILESTONE and BaseStack Living. This move aims to address the significant undersupply of suitable student accommodation and provide more affordable options.
Real Estate
The Wealth Company Launches ₹2,000 Crore Bharat Bhoomi Fund for Real Estate Investments
The Wealth Company Asset Management has launched the Bharat Bhoomi Fund, a ₹2,000 crore investment vehicle focusing on data centers, warehousing, hospitality, and renewable parks across high-growth cities in India.
Real Estate
Pantomath Group Launches Rs 2,000 Crore Bharat Bhumi Fund for Real Estate
Pantomath Group's asset management arm, The Wealth Company, has launched the Rs 2,000 crore Bharat Bhumi Fund, targeting the real estate sector. Led by seasoned professionals, the fund aims to invest in various real estate projects across India.
Real Estate
Judgment Prevents Real Estate Firm from Creating Third-Party Interest in Assets
Dream Procon Private Limited, a real estate company, was recently ordered by a creditor to halt the creation of any third-party interest in its assets. The firm is currently involved in the construction of multi-storey housing and commercial projects, and this judgment has significant implications for its operations and financial standing.