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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......

Blackstone, GIC rivalry keeps Indian realty pot boiling

Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership The rivalry between Blackstone, a private equity major from the US, and Singapore-based......

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
Morgan Stanley favourite i-banker for realtors

The investment banking arm of US-based Morgan Stanley has become the favourite adviser to real estate developers seeking money through stake sales... ...
Real estate projects bearing his name sell at higher prices

The Trump organisation is known to have licensed the Indian builders to use the US Presidential candidate's name in the residential buildings being... ...
Panchshil Realty appoints Percept One as its 360 integrated communication agency

The agency has won the account for a period of five years. ...
Lift robbers on mugging spree struck Chinchwad resident as well

Pimpri Chinchwad: Within an hour after robbing a victim near Shankar Maharaj Math on Pune-Satara Road, the lift robbery gang had struck in... ...
The woman who owns four superbikes including a Harley & a Ducati!

When Dr. Maral Yazarloo is not drawing marketing strategies for the retail division of the Panchshil Group, she is creating designs for her own... ...

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