Commercial - Page 31

NEW DELHI: CapitaLand India Trust (CLINT) has entered into a forward purchase agreement with Phoenix Group to acquire IT buildings with a total leasable area of 2.5 million sq ft in HITEC

Representative Image NEW DELHI: The Executive Centre (TEC), a workspace provider, has achieved revenue of USD 315 million (Rs 2,603 crore) representing a 11.2% year-on-year growth, globally. TEC Global EBITDA increased 12%

NEW DELHI: Rating agency ICRA has estimated that around 530 lakh square feet of office spaces are eligible for small and medium REITs (SM-REIT) listing, creating a monetisation opportunity of Rs 67,000-71,000

Representative Image THIRUVANANTHAPURAM: Sixty-one acres of paddy field at Technopark Phase-III, which was converted into a dryland suitable for constructing buildings, remain unutilized. The land was leased out to various IT companies

NEW DELHI: The board of directors of EFC (I) recently approved incorporation of EFC REIT, a step-down subsidiary, to act as a investment manager to small and medium real estate investment trusts

NEW DELHI: Rental Yield Plus (RYP) Fund, managed by Edelweiss Alternatives, has completed the acquisition of MMTP Projects (MMTP PPL) in Bengaluru for over Rs 1,500 crore. MMTP PPL, earlier owned by

Representative Image BENGALURU: Embassy Group is looking to list coworking office platform WeWork India in the domestic bourses within 18 months after acquiring US-based WeWork’s 27% stakeholding in the Indian entity for

Representative Image Fractional ownership platforms have started the process of registering under SM REIT regulations, a month after Securities and Exchange Board of India (SEBI) notified these rules to govern small and

NEW DELHI: Travel distribution company TBO Tek Ltd and flexible workspace solutions firm Awfis Space Solutions Ltd have received markets regulator Sebi‘s go-ahead to raise funds through Initial Public Offerings (IPOs). The

Representative Image Office sharing company WeWork India, promoted by Bangalore-based Embassy group, is in the midst of buying the stake held by its US parent through a secondary transaction, multiple people in