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Mainstreet's annual general meeting was held this week. In just seven years, Mainstreet Equity Corp., which is listed on the Toronto Stock Exchange, has reached a market cap of $350-million and $600- million in assets. Dhillon started with $17-million in … […] Pyramid Saimira Theatres (PSTL), one of the largest digital film theatre chains in India, is planning to float a film content fund that will help production houses create and finance content. The company is in an expansion mode, enhancing its … […] Kotak Realty Funds is raising $350 million for property joint venture projects in India and to take stakes in developers, who are seeing their funding sources narrow. Chief Investment Officer Hari Krishna, who has already invested a $100 million fund … […] Fund manager Trikona Capital is raising a $400mn fund to invest in India’s housing boom, but a company executive said fast-climbing land prices meant money-spinning deals would be tough to find. Khaleej Finance and Investment (KFI) and its regional partners have announced the success of its Indian Private Equity Fund. They said the fund has attracted interest from many institutional and individual investors, both regionally and internationally. The firm revealed ICICI … […] With falling property prices, global private equity real estate funds are expected to open their wallets wide, reports CNBC-TV18.
Property prices have begun cooling again. Demand is slowing down, bank finance has dried up, and real estate IPOs do … […] Aditya Birla Retail, the newest kid on the retail block, is weighing options to float a real estate fund, in line with the trend where retailers are looking at it as a mode of raising funds to cater to the … […] The property investment arm of Citigroup is investing around $400 million of equity from a recently raised fund in India and $600 million in China, with hotels, technology parks, and housing estates on its menu. Citigroup Property Investors closed a … […] Oman’s largest bank BankMuscat, which recently picked up 43 per cent stake in the domestic brokerage house Mangal Keshav Group, is raising a $ 250 million Shari’ah-compliant India-specific fund and another $ 500 million private equity fund for investments in the booming domestic market. […] As part of the growing western interest in Indian economy, Sir Peter Burt, the former chairman of ITV, is to chair a new private equity fund focused on investing in India. Sir Peter will become chairman of Promethean India, a … […] |