Tag Archives: Singapore

MSL Will Invest 200 Million Dollar In Indian Realty

August 29, 2008 – 2:16 am

Singapore-based private equity firm, Millennium Spire Ltd-MSL announced investment of $200 million in India’s realty sector in next one year.
MSL Managing Director, Ashish Bhalla reportedly said that the company would invest in real estate projects in the national capital region and Coimbatore in mix use complexes, IT parks, residential and commercial areas.
The company also announced [...]

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Unitech Scraps Singapore Reit

June 17, 2008 – 10:06 am

India’s second-biggest property firm, Unitech, has scrapped plans to list a US$600 million ($824 million) real estate investment trust here.Its big rival, DLF, which is India’s biggest developer, did likewise in March, announcing it would delay its listing plans.

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Indian Firm In S And P Asia Property 40 Index

June 3, 2008 – 12:54 am

The sharp fall in shares of realty majors in India has meant that not a single Indian real estate company figures in Standard & Poor’s Asia Property 40 Index.
The index comprises forty Asian realty companies listed in terms of market capitalization, an S&P release said on Monday. From a year high of 13848.09 on 8th [...]

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BSEL to float Malaysian arm to execute projects

May 20, 2008 – 4:28 am

Mumbai-based firm will invest Rs 18,000 crore in next twelve years. BSEL Infrastructure Realty plans to set up a company in Malaysia to execute its operations in that country.
The Mumbai-based company has signed a memorandum of understanding (MOU) with Malaysia’s Iskandar Regional Development Authority (IRDA) to develop properties in Johar Bharu region of Malaysia. The [...]

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ING Unit Launches Asian Real Estate Fund In Hong Kong

February 25, 2008 – 8:56 am

HONG KONG ING Group NV’s asset management unit Monday launched a fresh Asia real estate fund in Hong Kong that invests in listed real estate securities across the region.
Most of the portfolio will be invested in real estate companies and real estate investment trusts, ING said. The fund is at first being offered only to [...]

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