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Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Draft prospectus to be filed next week; second trust, with Panchshil, in a few months Blackstone, one of the largest investors in the world, is likely to file a draft prospectus next week, along......

Mumbai's iconic Express Towers sold for Rs 870 crore

After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers,......

Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources......

Express Towers sale talks hit valuation wall

Talks between the Blackstone-Panchshil Realty combine and the owners of Express Towers here over the sale of the iconic commercial building were stuck due to differences over valuation, said an......

JPMorgan, Morgan Stanley cool off Indian realty

According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate. At a......

IPL team bidding turns out to be a damp squib

The high-profile bidding for the two new teams in the Indian Premier League in Mumbai on Sunday turned out to be a damp squib.Despite all the hype, only three interested parties came forward to......
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  Web results for Panchshil
Aditi Rao Hydari, Radhika Apte walk for Manish Malhotra

The actors were the showstoppers for designer latest collection. Manish Malhotra unveiled his summer couture collection 2018 at the launch of... ...
Trump Jr looks forward to investing more in India

The Trump organisation had entered into an agreement with Panchshil, where the Trump organisation lent its brand to Panchshil ...

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