Tag Archives: Economy

Benson Elliot buys 70% of Spanish developer

June 10, 2008 – 3:57 am

LONDON: Private equity real estate firm Benson Elliot Capital Management has bought a 70% stake in Spanish developer Promobuilding SL in a bid to cash in on distressed house building projects in Spain’s faltering economy.
The acquisition, which has been accomplished via a recapitalization and subscription for new shares, is predicted to provide privately owned Promobuilding [...]

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ICICI Venture May Raise Three Billion Dollar

May 19, 2008 – 6:14 am

ICICI Venture, the private equity wing of ICICI Bank, plans to raise three billion dollar from its 2 funds including equity and a real estate fund.
A senior ICICI Venture executive told that they will raise $1.5 billion from both these funds.
The ICICI Venture executive said the company expects to generate most of the investment for [...]

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Hyderabad, an investors’ choice in Indian Real Estate

February 12, 2008 – 4:06 am

Hyderabad is among the foremost choices for community who wish to invest in Indian Real Estate. Hyderabad is a place with a soaring economic growth, outstanding architecture, great infrastructure, and a flourishing Real Estate and construction industry.A lot of the property is at a standstill in the form of plans on paper but already the [...]

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