Blackstone, K Raheja to launch Rs 3,000 crore REIT
Embassy Office Parks REIT, where too Blackstone is a shareholder, listed its units in April 2019, after an IPO where it raised Rs 4,750 crore.
Mapletree bid highest for Chennai IT park
Mapletree has offered about Rs 2,450 cr for SP Infocity, jointly owned by the Canada Pension Plan I...
Reliance Communications reworking tower deal with Brookfield
“The company is renegotiating the tower transactions with all the interested par...
Brookfield may revive RCom deal plan
Canadian investor Brookfield will still try to salvage its acquisition of RCom towers at a revised price after RCom’s merger talks with Aircel fell through.
Brookfield, ADIA-backed I Squared in fray to operate 9 NHAI projects
Brookfield and I Squared Capital, which is anchored by ADIA, are locked in the race to operate and manage nine road projects for the National Highways Authority of India (NHAI).
Global funds make beeline for Sadbhav Infra assets
Brookfield, Macquarie Group, CPPIB and CDPQ are likely to submit their bids soon.
Canada looks to ‘diversify’, bolster India relationship
From health and education to renewable energy and indigenous research in infrastructure, Canada is already engaging with India for fruitful future alliances.
SBI may kickstart setting up asset management company for loan resolution
According to the committee report, the exposure of banks towards loans of Rs 500 crore and above would be around Rs 3.6 lakh crore, of which PSBs would have an exposure of Rs 3.1lakh crore.
Australia's Santos agrees to buy Quadrant Energy for at least $2.15 billion
Energy consultants Wood Mackenzie estimated the find could hold well above 150 million barrels of oil, albeit without knowing the boundaries of the reservoir.
SC directs auction of Kolkata Unitech plots
Candor Investment, which managed property for London-based Unitech Corporate Parks plc, was bought by Brookfield Asset Management in 2014.
Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore
Spread over nearly 10 acres near business district Bandra-Kurla Complex Equinox Business Park comprises four towers, with a leasable office space of about 1.25 million sq ft.
Reliance Communications' Rs 11,000-crore tower deal with Brookfield collapses
RCom's troubles seem far from over despite firefighting measures being initiated by the lenders. The debt-laden company will be shutting down its 2G and 3G wireless operations by month-end.
Brookfield Capital invests Rs 800 crore in Total Building
The deal was closed last week. They said the fundraising will allow L&T Finance to exit the projects in which it had invested Rs 255 crore.
Brookfield Asset Management, Resurgent Power bid to buy JP Power
A group of lenders led by ICICI Bank had invited bids for at least 30% in the beleaguered power utility, which is part of the Manoj Gaur-led Jaypee Group.
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