News articles tagged Real Estate Assets

Kingfisher Airlines Likely to Lose Its Realty Assets

Lenders have issued a legal notice to Kingfisher Airlines, warning they will seize realty assets if loans are not repaid. The assets include their Mumbai office and a villa in Goa.

MTNL Plans To Raise Rs.5000 Cr Via Divesting Realty Assets

Mahanagar Telephone Nigam Limited (MTNL) plans to raise Rs.5000 Cr by divesting real estate assets in Delhi and Mumbai, enlisting global consultancy DTZ for support.

Delhi Real Estate Refocused: DLF Sells Aman Hotel Shares

DLF, India's largest real estate company, plans to reinvest in Delhi's real estate market after selling its stake in Aman Resorts. This move aims to reduce debt and refocus on core business, with new projects expected within four months.

Blackstone To Launch New Real Estate Fund in Asia

Blackstone Group LP is preparing to launch a new real estate fund targeting the Asian market, aiming to expand its commercial real estate presence in the region.

Real Estate Investment Firm To Take Over Nokia Building

Exilion, a real estate firm, intends to purchase Nokia's headquarters in Espoo, Finland for approximately ₹1218 Crore, with Nokia leasing it back as part of cost-cutting.

Gammon India Resorts to Divest Real Estate Assets

Gammon India, grappling with financial losses and a substantial debt of Rs. 3200 Crore, is monetizing real estate assets due to high financing costs. The company looks to reduce debt.

Blackstone and KKR looks up for Indian Commercial Real Estate

UB Holdings in talks with Blackstone, KKR to sell commercial real estate for $123 million