India’s Mindspace Business Parks REIT is set to pay INR 20.38 billion ($240 million) to acquire two-thirds of a Hyderabad office building, in a deal which will make the capital of Telangana state its largest market by area.
In an… Read More>>
Cushman & Wakefield, Nuvama Hit $200M First Close of India Office Fund
A joint venture of Cushman & Wakefield and Mumbai-based Nuvama Asset Management has reached a INR 17 billion ($200 million) first closing for a private fund investing in prime office properties across India’s high-growth markets.
NCW, which the two companies… Read More>>
India’s CtrlS to Build Fourth Data Centre Project in Hyderabad
Hyderabad-based CtrlS Data Centers has joined the growing list of developers expanding capacity around the Telangana state capital, with the company this week announcing plans to build its fourth facility in the metropolitan area.
The project, which is planned for… Read More>>
STT GDC India to Invest $400M in Hyderabad Data Centre Campus
ST Telemedia Global Data Centre (STT GDC) is set to expand its portfolio in its biggest market, with digital infrastructure player’s India arm confirming plans to invest an estimated INR 3.5 billion ($400 million) to build a new data centre… Read More>>
CapitaLand India Trust Kicks Off $54M Hyderabad IT Park Redevelopment
Singapore’s CapitaLand India Trust is set to commence the second phase of redevelopment of a tech park in the capital of Telangana state at an estimated investment of INR 4.5 billion ($52 million).
Phase two of the redevelopment of International… Read More>>
Microsoft to Invest $3B in India Digital Infrastructure in Biggest Asia Commitment Yet
Microsoft chairman and CEO Satya Nadella announced on Tuesday that his firm plans to invest $3 billion to develop data centres and other digital infrastructure in his home country, marking the tech giant’s biggest single market commitment in Asia to… Read More>>
India Office Leasing Up 14% in 2024, Hitting Record High for Third Straight Year: Colliers
Office leasing activity across India’s top six cities totalled 66.4 million square feet (6.2 million square metres) in 2024, climbing 14 percent to hit a record high for a third straight year, according to Colliers.
Bengaluru drove demand for Grade… Read More>>
Blackstone-Backed Ventive Hospitality to Launch $190M India IPO on Friday
Ventive Hospitality, an Indian hotel developer, owner and manager backed by Blackstone and local builder Panchshil Realty, will launch an initial public offering this weekend for its 2,036-key portfolio of hotels across India and the Maldives, with the exercise aiming… Read More>>
Blackstone Completes Buy of Logos India Warehouses for Over $203M
After vowing early this year to boost its India logistics holdings, Blackstone has acquired a set of warehouses from Logos Asia for more than INR 17.25 billion ($203 million), according to sources familiar with the transaction who spoke with Mingtiandi.
Blackstone Buying Stake in Bengaluru Business Park Builder as India Empire Expands
With Blackstone having filed for its fourth India REIT in September and with a fifth listed property trust reportedly on the way in 2025, the US fund management titan has been given the green light to pick up a stake… Read More>>
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