Tag: Investment Opportunities

PEs Move Concentration From Real Estate Sector

Uncertainty in the equity market seems to be paving the way for newer investment opportunities. Private equity (PE) players have been quick to recognize these. Of late, their attention seems to have shifted from the most-talked about sectors like real estate and financial services, which were the flavour of the season till some time ago, […]

Sahara India Group To Explore Business Prospects In UAE

Indian company Sahara India Group said it will explore business prospects in the UAE. Subrata Roy chairman of Sahara will be in the UAE to look for prospective projects in different sectors. Sahara India Group, which puts the market value of its property at more than fifty billion dollar, has diversified business interests in areas […]

Benson Elliot buys 70% of Spanish developer

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 […]