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Innovative Industrial Properties to Fund $50 Million 4Front Illinois Cannabis Cultivation and Processing Facility – New Cannabis Ventures

Innovative Industrial Properties to Fund $50 Million 4Front Illinois Cannabis Cultivation and Processing Facility – New Cannabis Ventures
newcannabisventures.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcannabisventures.com Daily Mail and Mail on Sunday newspapers.

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Innovative Industrial Properties, Inc. (IIPR) Acquires Michigan Property and Expands Real Estate Partnership with Green Peak Industries

Innovative Industrial Properties, Inc. (IIPR) Acquires Michigan Property and Expands Real Estate Partnership with Green Peak Industries
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Re-entering Mumbai with ultra-luxury project boosts Puravankara

The announcement was made at the fag end of market hours yesterday, 9 March 2021. The stock is currently trading above its 50-day moving average (DMA) placed at Rs 82.82 and its 200-day moving average (DMA) placed at Rs 57.55. WorldHome Collection is the new range of ultra- Luxury homes by Puravankara. Through this project, the company aims to provide sustainable, futuristic and exclusive homes designed by world-renowned architects. Puravankara has invested almost Rs 450 crore with an expected top-line revenue of Rs 800 crore. The development will see four towers with a total of 233 residential unit and one tower of 79 commercial units. The last few months have witnessed a steady growth in the luxury housing segment, which is indicative of a shift in the post-pandemic consumer behaviour, Puravankara said. Leveraging this shift and latent demand, the company believes this is the right time to bring their ultra-luxury World Home Collection homes to Mumbai, it added.

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