Brookfield mulls investment in debt of Mistry’s group
Negotiations are at an early stage and may not lead to any deals.
Brookfield Asset Management gears up for $500-$700 million REIT offering
In India, Brookfield owns and operates a portfolio of infrastructure...
Indiabulls Housing Finance set for an overhaul. What's cooking?
While the home financier is in talks with overseas investors, trying to sell ...
Global funds go mall shopping in India
Among the targeted malls are Marina Mall, (Chennai), Brookefields Mall (Coimbatore), DB Mall (Bhopal) and Logix Mall (Noida).
Indiabulls Housing Finance seeks to sell Rs10,000-crore builder loans
“Indiabulls is planning such sales in a few tranches over the next few months and negotiations with Oaktree Capital and Deutsche Bank appear to be in advanced stages,” one person told ET.
Brookfield in talks to acquire Piramal Enterprises’ $300 mn renewable loans
Piramal plans to sell loans in the face of financial pressure following the pandemic
Brookfield gears up for $500-700 million realty trust issue, likely to be the third with such offering
Large real estate portfolio owners are increasingly looking at monetising their assets and gearing up to list part of their holdings in India following the successful listing and performance of Embassy Office Parks, the maiden REIT.
IndoStar Capital Finance board okays Rs 10,000 crore fund raise plan through bonds
The decision was taken at the company's board of directors meet on August 12 to declare and approve quarterly results for quarter ended June 2020, the non-banking finance company said in a regulatory filing.
Acme Solar scouts for buyer to sell 1200-MW power purchase agreements (PPAs)
Lack of liquidity and delay in commissioning projects are forcing many of the clean energy producers to sell or surrender PPAs signed with Solar Energy Corporation of India Ltd (SECI).
Brookfield takes over Peninsula Land’s residential project in Mumbai’s Byculla
In 2016, the Canadian institutional investor had invested Rs 450 crore in the project through non-convertible debentures in 2016 marking its first investments into Indian residential real estate. The developer’s total debt obligation towards the same stood at Rs 559.14 crore including the principal of Rs 450 crore and accrued interest of Rs 109.14 crore.
Brookfield Properties leases 3.5 lakh sq office space at Equinox Business Park
The company has leased the space to Boston-headquartered State Street Corporation, US conglomerate Hasbro, American-Canadian digital media and broadcasting company Vice Media, and Temasek Holdings’ portfolio company STTelemedia. These four global entities will be new tenants in the 10-acre complex near Bandra-Kurla Complex (BKC).
JLL India looks to grow housing brokerage biz, strengthen presence in realty technology space
"This is a tough year for everyone including JLL. In normal years, JLL (has been) growing at 15 to 18 per cent every year in the topline and bottomline," CEO and country head Ramesh Nair said.
IndoStar Capital Finance raises Rs 1,225 crore
IndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers.
Softbank-Bharti green energy JV taps Brookfield for up to $600 million funds
The need for funds is immediate and so they are open to various structures, said a global clean tech investor. However, most industry participants believe parent Softbank may eventually sell a larger chunk, even majority to bring on board large institutional investors to deal with its own liquidity challenges.
Brookfield may buy majority stake in IndoStar
Deal likely at about 10% premium to the current market price of the finance company