Deals, News, Happenings Update- Facilities Management & Real Estate

  • IDFC invests in Manipal Servicecorp Facility Management, a leading FM player to kickstart the nascent Hostel Services business In India. Read more 
  • Air India has appointed a global real estate consultant to examine its properties in India and abroad to raise Rs 5,000 crore (Rs 50 billion) over 10 years. Read more
  • Kozhikode-based Secura Investment Management (India) Pvt Ltd (Trustees of the fund is ILFS Trust Company Ltd) has launched its second scheme of Secura India Real Estate Fund with a fund size of Rs 50 crore. Secura India Real Estate Fund is the first SEBI registered real estate venture capital fund in Kerala. Read more
  • Chennai-based realty firm Lancor Holdings has bought L&T Commercial Projects Pvt Ltd. Read more
  • HDFC Ltd jointly with State Bank of India (SBI) launched a venture capital fund (targeted fund Size INR 1000 crore) which will take equity stake in real estate projects in the country. Read more
  • Clearwater Capital to invest Rs 100 crore in Ramprastha township in Gurgaon. Read more
  • Portman Holdings picks up 26% stake in Tata Housing’s Bangalore project. Read more
  • Angel Prime invests in Real Estate buying platform Smarowner. Read more

Source – News aggregation from various publishers.

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