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Sumitomo Acquires Prime 2 Acre Worli Land from Bombay Dyeing for INR 440 Crore Strengthening Its Presence in Indian Real Estate

Japan’s Sumitomo Corporation Group has made a major move in Mumbai’s real estate market by acquiring a nearly 2-acre prime land parcel in Worli from the Wadia Group’s Bombay Dyeing & Manufacturing Company for ₹440 crore. This deal further solidifies Sumitomo’s presence Indian real estate.

By Admin

  • 11th Sep 2024
  • 1209 Views
Table Space Secures USD 100 Million for Major Asset Acquisitions in Key Urban Centers

Table Space, a managed workspace provider, will spend $100 million (₹840 crore) in office assets, include a ₹450 crore agreement with Panchshil Realty for 900,000 square feet of space in Pune. Table Space will make many acquisitions to extend its presence in India's main cities.

By Admin

  • 21st Aug 2024
  • 1214 Views
JSW Infrastructure Acquires Prime Navi Mumbai Office Space in L&T Seawoods Grand Central for INR 88 Crore

JSW Infrastructure has acquired office space in Navi Mumbai's Nerul from L&T Realty for ₹88 crore, an important move in the commercial real estate sector.

By Admin

  • 22nd Jul 2024
  • 1367 Views
ICICI Prudential AMC Acquires Office Tower in Kalpataru Infinia, Santacruz, Mumbai for INR 315 Cr

Ixora Properties, Kalpataru's affiliate, sold ICICI Prudential Asset Management Company a Santacruz commercial skyscraper for about INR 315 crore. The asset management firm will move inside Kalpataru Infinia's new facility.

By Admin

  • 3rd Jul 2024
  • 1223 Views
Blackstone Close to Major Acquisition of Adani Realty Premier BKC Office Tower

The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.

By Admin

  • 8th May 2024
  • 1326 Views
Microsoft Secures Prime Land in Hyderabad for Rs 267 Crore to Establish Major Data Centre

Microsoft Corporation purchased a 48-acre land tract in Ranga Reddy, Hyderabad, for Rs 267 crore to expand its data centre footprint. The Sai Balaji Developers-facilitated, Propstack-documented purchase is a major regional investment.

By Admin

  • 7th May 2024
  • 1362 Views
Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1330 Views
German Multinational Corporation, Continental Purchases 8.5 Million Square Feet of Office Space for Rs.850 Crores

In the largest acquisition of ready commercial premises in Bangalore in 2022, the German multinational business Continental Automotive paid roughly Rs.850 billion to purchase 8,500,000 square feet of office space.

By Admin

  • 1st Oct 2022
  • 1744 Views
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