Prestige Group

American investment management company, Blackstone Group, has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, according to a report by the Economic Times.The deal will see Blackstone acquire over...

American investment management company, Blackstone Group, has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, according to a report by the Economic Times. The deal will see Blackstone acquire over...

Indian retail sector was one of the worst-affected due to COVID-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when...

Shopping mall owners are bullish about growth prospects of India's retail sector despite the disruption caused by the COVID-19 pandemic and will continue to build new projects as well as look for acquisition to expand their businesses, according to...

The Shopping Centres Association of India (SCAI), in continuation of its weekly custom webinar series, ‘SCAI Mondays’; organised a second virtual session titled ‘Retail & Shopping Centres: Confidence Building Measures’ on May 4, 2020. The webinar aimed at redressing...

Last year, GST and RERA played a very significant role in redefining real estate in India. Both Bills were introduced in 2017, which resulted in the modification of several rules/ regulations related to the real estate and construction industries.After...

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Realty firm Prestige Group on Monday said it will acquire CapitaLand's stake in seven entities engaged in retail real estate for Rs 342 crore.According to a PTI report: Last week, Bengaluru-based developer had purchased 66.66 per cent stake in...

Irfan Razack - Chairman and Managing Director, Prestige Group, was felicitated as one among the Top 10 Business Visionaries at the IMAGES South India Retail Award 2017, in a spectacular award ceremony held at the ITC Gardenia. The award was...

In today’s day and age everybody understands the importance of convenient parking. Be it business verticals of shopping malls, amusement parks and hotels, or Government driven projects like smart cities, smart parking is one of the primary agendas. For the business...