Commercial Assets

Brookfield India Real Estate Trust and GIC are acquiring the two commercial assets in Mumbai and Gurugram, which have a total built-up area of 6.5 million square feet and are owned by Brookfield Asset Management’s private real estate funds.

Piramal Fund to expand portfolio in commercial realty segment

PFM has identified an initial pipeline of transactions worth Rs 1,500 crore for two deals with one each in Mumbai and Bengaluru, company's Managing Director Khushru Jijina told PTI here.

Hope to monetise Rs 1500 crore by 2016 end: Pirojsha Godrej

The company plans to launch phase II of Trees project in coming weeks said, Pirojsha Godrej, MD & CEO Godrej Properties.

Godrej Properties to sell commercial assets worth Rs 1,500 cr

Godrej Properties in September had sold 4.35 lakh sq ft of office space at Bandra-Kurla Complex (BKC) in Mumbai for a good valuation of Rs 1,479 crore.

5 Indian cities receive record PE investment in realty in 2015

The preference for these cities reflects learnings from past experience. Even for plain equity investments, core commercial assets are preferred over other asset classes

Godrej Props to monetise Rs 2K cr worth commercial assets

The company also plans to launch 14 projects this fiscal and is exploring opportunities to add more projects for future development, Godrej Properties Managing Director and CEO Pirojsha Godrej said.