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| Bangalore Based Firms Plans to Raise Rs 100 crore through NCDs |
| Indian Realty News - 6 days, 16 hours ago |
Century Real Estate, a Bangalore-based full-service real estate development company recently raised Rs 100 crore through a private placement of non-convertible debentures (NCDs). The company, which has plans to launch seven projects, will use these funds for project development, according to a company press release. Through these projects, the company .. Read More
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| Zig Inge Outmuscles Developers For Prime South Yarra Office |
| Realestate Source - 9 days, 10 hours ago |
FUND manager and developer Zig Inge Group is believed to have paid close to $18 million for a rundown but spectacularly located office investment at 199 Toorak Road in South Yarra.The blue, glass, four-level building with ground floor shops is at the north-east corner of Claremont Street and will be renovated, and slotted into Zig Inge Group's Core .. Read More
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| LM in control at Pimpama |
| Gold Coast Commercial Property - 11 days, 9 hours ago
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FUNDS manager LM Investment Management has taken sole control of a $750 million Pimpama development after a split with Young Land Corporation. Read More
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| ING funds exit Canada for $2bn |
| The Australian Property News - 11 days, 11 hours ago |
ING Industrial Fund (IIF) and its co-investor ING Groep have agreed to sell their Canadian investment in the Summit Industrial Trust. Read More
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| Becton to Sell 422 Little Collins Street |
| Realestate Source - 12 days, 10 hours ago
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DEVELOPER and fund manager Becton is still in a selling mood.This time, the East Melbourne-based group is offloading a Little Collins Street office building it bought from Vicland for $22.2 million in September 2006. The 422 Little Collins Street office is expected to fetch about $17.5 million this time around, reflecting a yield of about 10 per cent .. Read More
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| Royal Orchid Hotels to raise up to Rs 150 crore to fund new projects |
| India Real Estate Tracker - 13 days, 14 hours ago |
Bangalore-based Royal Orchid Hotels will raise up to Rs 150 crore to fund its new projects. The funds will be raised through a mix of debt and equity. They will be used to double Royal Orchid Hotels’ total room capacity to 2,000 by the end of the next fiscal, according to a company official. The [...] Read More
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| Govt to Allow Foreigners Set up LLP in Sectors where 100% FDI is Allowed |
| Indian Realty News - 13 days, 18 hours ago |
The government may soon allow foreigners to set up limited liability partnerships in sectors where 100% foreign investment is allowed, taking a decisive step after much flip-flop over funding guidelines for this form of business organisation, favoured globally for its flexibility. The department of industrial policy and promotion (DIPP), the nodal .. Read More
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| Indospace Plans to Spend Rs 500 cr in Developing an Integrated Logistics Park |
| Indian Realty News - 13 days, 18 hours ago |
Indospace Logistics Fund, part of the Sameer Sain-promoted Everstone Capital that invests in logistics and industrial real estate, plans to spend around `500 crore in developing an integrated logistics park in the National Capital Region, according to people familiar with the development. Indospace Logistics is currently talking to FWS, a Delhi-based .. Read More
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| GPT to cut stake in $5bn fund |
| The Australian Property News - 14 days, 22 hours ago |
GPT Group will reduce a 33 per cent stake in its $5.1 billion funds management business to deliver better returns to investors. Read More
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