Phoenix Mills (PML) is set to acquire CPP Investments' 49% stake in Island Star Mall Developers (ISMDPL) for ₹5,449.16 crore, gaining full ownership. The transaction, unfolding over three years, will consolidate PML's control over key retail assets like Phoenix MarketCity Bengaluru and enhance shareholder value. ISMDPL's revenue has seen substantial growth, reaching ₹919.7 crore in FY25.
from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/ZDOb5ot
via IFTTT
Subscribe to:
Post Comments (Atom)
-
Gurgaon’s real estate market is rapidly expanding, and upcoming project in Gurgaon is attracting significant attention from both investors ...
-
Gurgaon is known for its luxury real estate and high-end business projects. One of the newest and most exciting additions is M3M Jewel Sec 2... -
4 BHK luxury apartments in Gurgaon exemplify the essence of modern urban living, making the city a top destination for luxury real estate i...
No comments:
Post a Comment