2024

Institutional investments from domestic investors in real estate double in 2023

Institutional investments from domestic investors in real estate double in 2023

Institutional investments in real estate from domestic investors more than doubled to $1.5 billion in 2023, showcasing a 120% increase in terms of value over the previous year but the share of foreign investors shrunk over the previous year on account of global headwinds, a report by Vestian has said. Commercial assets (office, retail, co-working, and hospitality projects) turned out to be the...

Nuvama Asset Management, Cushman & Wakefield form JV to set up real estate fund

Nuvama Asset Management, Cushman & Wakefield form JV to set up real estate fund

Nuvama Asset Management, the alternatives-focused asset management arm of Nuvama Wealth Management Ltd, and Cushman & Wakefield, a global commercial real estate services firm, on Jan 10 announced the formation of a new 50:50 joint venture entity, Nuvama and Cushman & Wakefield Management Private Limited, that aims to raise ₹3000 crore to invest in prime commercial properties across the...

Tribeca Developers raises ₹200 crore from HDFC Capital for luxury project

Tribeca Developers raises ₹200 crore from HDFC Capital for luxury project

Real estate firm Tribeca Developers, known for bringing the Trump Towers brand to India, has entered into an agreement with the Tejukaya Group to develop a luxury residential project in Parel, South Mumbai, and has raised ₹200 crore from HDFC Capital for the project, the company said. Real estate firm Tribeca Developers, known for bringing the Trump Towers brand to India, has entered into an...

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