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ASK Property Fund clocks exit from two projects, pockets $43 mn

New Delhi, April 10 -- ASK Property Fund, the real estate arm of the Blackstone-backed ASK Asset & Wealth Management Group, has exited two real-estate debt investments for Rs 400 crore (nearly $43 mil... Read More


ASK Property Fund clocks exit from two projects, pockets $48 mn

New Delhi, April 10 -- ASK Property Fund, the real estate arm of the Blackstone-backed ASK Asset & Wealth Management Group, has exited two real-estate debt investments totaling $48 million (Rs 445 cro... Read More


Blackstone-backed Nexus Select Trust to acquire Kolkata mall

New Delhi, April 8 -- Nexus Select Trust, a real estate investment trust (REIT) backed by private equity firm Blackstone, has agreed to acquire the Diamond Plaza mall in Kolkata for Rs 347.5 crore ($3... Read More


Savills buys majority stake in Hotelivate for South Asia expansion

New Delhi, April 7 -- The UK-based real estate advisory firm Savills has acquired a majority stake in Indian hospitality consulting firm Hotelivate Pvt Ltd to bolster its services across South Asia. ... Read More


Neo Alternative enters real estate, partners former WSB leadership

New Delhi, April 7 -- Neo Alternative Asset Managers (formerly Neo Asset Management) on Monday announced that Kaushik Desai, Vinit Prabhugaonkar and Vimal Jangla, former senior leaders at WSB Partners... Read More


Mindspace REIT acquires Chennai asset for $270 mn

New Delhi, April 1 -- K Raheja Corp sponsored Mindspace Business Parks REIT has acquired a 2.6 million sqft property at Commerzone Pallikaranai in Chennai for Rs 2,541 crore (around $270 million), the... Read More


ASK Property Fund exits Noida project, doubles investment capital

New Delhi, March 24 -- ASK Property Fund, the real estate investment arm of ASK Group, has exited its investment in Mahagun Group's Noida project, clocking an internal rate of return (IRR) of 21% and ... Read More


ChrysCapital elevates Sanjay Kukreja to managing partner role

New Delhi, March 20 -- Homegrown private equity firm ChrysCapital has elevated Sanjay Kukreja to the position of managing partner from partner and chief investment officer currently. Kukreja, who has... Read More


Italy's Poggipolini acquires majority stake in Aero Fasteners, enters Indian market

New Delhi, March 20 -- Italian company Poggipolini Group has acquired a majority stake in Aero Fasteners, an Indian company specialising in the manufacturing of fastening systems for the aeronautics, ... Read More


aEUR

New Delhi, March 19 -- NDR InvIT Trust, a privately listed infrastructure investment trust that counts Bahraini alternative asset manager Investcorp as an investor, has acquired a warehousing asset fo... Read More