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PRESTIGE ESTATES PROJECTS LTD. - 533274 - Announcement under Regulation 30 (LODR)-Acquisition

Prestige Estates Subsidiary acquires 50% stake in Turf Estates Joint Venture LLP
25-03-2021
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Prestige Estates to take over $1.4-billion project from bankrupt firm

The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone
24-03-2021
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Prestige Estates completes phase 1 of Blackstone deal; stock hits new peak

The management said the company has a strong development pipeline of about 43 mnsft office and retail portfolio in the key locations across the cities
12-03-2021
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Prestige Estates sells assets worth Rs 7,467 crore to Blackstone Group

Prestige Estates Projects has completed phase one of the proposed transaction with Blackstone Group with enterprise value forming part of phase one at Rs 7,467 crore.The total enterprise value including phase two is Rs 9,160 crore as mentioned in the initial disclosure.Prestige said the overall transaction includes a 100 per cent stake sale in six completed office projects including a hotel and a 50 per cent stake sale in four under-construction projects. It will also include 85 per cent stake sale in nine shopping malls.Phase one of the transaction includes the sale of 12 assets comprising of completed retail, office and hotel assets. Phase two of the transaction is expected to complete by the end of next quarter."We believe that this transaction will further strengthen our foundation and help us in gearing up for the next level of growth," said Irfan Razack, Chairman of the Prestige Group."This transaction will also aid us in building a long-term strategic partnership with...
11-03-2021
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PRESTIGE ESTATES PROJECTS LTD. - 533274 - Prestige Estates Concludes INR 74,670 Million Deal With Blackstone Group

Prestige Estates concludes INR 74,670 Million deal with Blackstone Group
10-03-2021
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PRESTIGE ESTATES PROJECTS LTD. - 533274 - Prestige Estates Signs Definitive Documents With Blackstone For Divesting Stake In Identified Office And Retail Assets

Disclosure under Regulation 30 (LODR) - Prestige Estates signs definitive documents with Blackstone for divesting stake in identified office and retail assets
01-03-2021
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PRESTIGE ESTATES PROJECTS LTD. - 533274 - Announcement under Regulation 30 (LODR)-Acquisition

Prestige Estates Projects Limited has acquired 99% stake in Ace Realty Ventures
16-02-2021
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Why you should accumulate the stock of Prestige Estates

Successful conclusion of deal with Blackstone will be a catalyst
13-02-2021
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