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David Hand and Sankey Prasad

Colliers takes over Synergy to expand Indian business

Colliers International has acquired a controlling stake in project management firm Synergy Property Development Services and merged operations to create one of the top...
Deal

Blackstone buys commercial assets in India for US$614m

US asset manager Blackstone has agreed to acquire the outstanding stake in Indiabulls Real Estate's commercial portfolio for about US$614m (Rs 4,420 crore) after...
Rushabh Desai (image: Allianz Real Estate)

Allianz commits US$150m to Indian office developments

Allianz Real Estate, the property arm of the German insurer, has committed US$150m to Indian office developments after teaming up with Indian conglomerate Godrej...
Warehouse

ESR scoops up two warehouse projects in India

Warburg Pincus-backed ESR has agreed to buy two large-scale warehouse developments in the Indian cities of Jhajjar and Nagpur from logistics specialist Future Market Networks. The...

Ascendas India Trust forward purchases Panvel warehouse project

Singapore-listed Ascendas India Trust has agreed to forward purchase a 325,503 sq.ft. warehouse development in the Arshiya Free Trade Warehousing Zone in Panvel for S$42.1m...
BlueRidge 3 (image: Ascendas India Trust)

Ascendas India Trust forward purchases IT development in Pune

Ascendas India Trust has forward purchased an IT complex development in Pune, Maharashtra, as it grows its existing footprint in the Indian city. The trust...
GIC India head and managing director Kishore Gotety and IHCL CEO and managing director Puneet Chhatwal

GIC, IHCL team up for US$600m Indian hotel platform

Singapore's sovereign wealth fund GIC and Indian Hotels Company Limited (IHCL) have teamed up to form an Indian hotel platform that will invest Rs....
Warehouse

Logos JV buys Chennai logistics parks for US$98m

Australian logistics specialist Logos has bought two logistics parks in Chennai from developer Casa Grand Group for Rs 7bn (US$98.7m), marking its first deal...

IndoSpace raises record $580m for Indian warehouse fund

Indian warehouse specialist IndoSpace has raised US$580m in the final closing of its IndoSpace Logistic Parks III fund, the largest logistics property fund raised...
Global Infocity (image: Mapletree)

CPPIB JV nets C$250m from Chennai office complex sale

Canadian Pension Plan Investment Board (CPPIB) and its joint-venture partner Shapoorji Pallonji Investment Advisors have sold an IT office complex in Chennai, India to...
ESR

Allianz RE, ESR team up for US$1bn Indian logistics platform

Allianz Real Estate, the property arm of the German insurer, has partnered with pan-Asian industrial specialist ESR to create a US$1bn logistics platform in...