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Broker's call: Brookfield REIT (Buy) - The Hindu BusinessLine

Broker's call: Brookfield REIT (Buy) - The Hindu BusinessLine
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Brookfield Group , Brookfield India , ப்ரூக்ஃபீல்ட் குழு , ப்ரூக்ஃபீல்ட் இந்தியா ,

Puravankara in talks with global funds for Rs 3,000-crore investment platforms


Puravankara in talks with global funds for Rs 3,000-crore investment platforms
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Synopsis
The Bengaluru-based company is in talks with Ascendas, GIC and Brookfield Properties among others for the proposed investment, two people close to the deal said.
Agencies
The deal will see Puravankara offering 2.5 million sq ft of office assets in Bengaluru and the funds will be used by the builder to finance its ongoing housing projects and for commercial portfolio expansion
Real estate company
Puravankara is in talks with global institutional investors to form two separate investment platforms with a combined corpus of Rs 3,000 crore by leveraging some of its assets to fund its future expansion plans. ....

Andhra Pradesh , Tamil Nadu , Brookfield Properties , Brookfield Group , Blackstone Group , Prestige Estates , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , ப்ரூக்ஃபீல்ட் ப்ராபர்டீஸ் , ப்ரூக்ஃபீல்ட் குழு , கருப்பு கல் குழு , ப்ரெஸ்டீஜ் தோட்டங்கள் ,