Pravega Ventures’ Post

Property Share Investment Trust, India's first registered Small and Medium Real Estate Investment Trust, on Monday said the Rs 353-crore initial public offering (IPO) of PropShare Platina will open on December 2. #ETRealty #realty #news #property #realestate #trending #builder #construction

KKR and TPG are considering a buyout of PropertyGuru Group, a Southeast Asian online real estate platform, according to sources. The US private equity firms, which collectively hold a substantial stake in PropertyGuru, may also opt to acquire the remaining shares. Discussions are preliminary, and no final decisions have been made. Representatives for KKR and TPG declined to comment, while PropertyGuru did not respond immediately. PropertyGuru, headquartered in Singapore, saw its shares surge 6.8% on Wednesday, marking a 38% gain for the year. The company went public in New York in 2022 through a merger with Bridgetown 2 Holdings Ltd., backed by billionaires Richard Li and Peter Thiel. REA Group Ltd. of Australia also holds a significant minority stake as part of a broader 2021 deal. Under the leadership of CEO Hari V Krishnan since its inception in 2007, PropertyGuru offers online property search services across various markets, including Singapore, Malaysia, Vietnam, and Thailand. #Growth #BuyOut #Investment #Business #RealEstate #Business #Innovation #Transformation #AI #PrivateEquity #Singapore I Bloomberg News I Elffie Elffie Chew I Manuel Baigorri

Property Share Investment Trust, India's first registered Small and Medium Real Estate Investment Trust, on Monday said the Rs 353-crore initial public offering (IPO) of PropShare Platina will open on December 2. #ETRealty #realty #news #property #realestate #trending #builder #construction

Rupert Murdoch News Corp ($15 billion market value) 62%-owned property listing firm REA Group increased buyout offer to $8.1 billion has been rejected by UK largest real estate platform Rightmove.  In September 2024, REA Group had increased the buyout offer to $8.1 billion (GBP 6.1 billion) from $7.3 billion (GBP 5.6 billion) for Rightmove.  REA Group $7.3 billion buyout offer (GBP 5.6 billion) had earlier been rejected by UK largest real estate platform Rightmove. Read - https://lnkd.in/g8YK-2-Y follow Caproasia | Driving the future of Asia Rupert Murdoch News Corp ($15 billion market value) 62%-owned property listing firm REA Group increased buyout offer to $8.1 billion has been rejected by UK largest real estate platform Rightmove.  In September 2024, REA Group had increased the buyout offer to $8.1 billion (GBP 6.1 billion) from $7.3 billion (GBP 5.6 billion) for Rightmove.  REA Group $7.3 billion buyout offer (GBP 5.6 billion) had earlier been rejected by UK largest real estate platform Rightmove.  Earlier in September 2024, Australia media tycoon Rupert Murdoch News Corp ($15 billion market value) large shareholder Starboard Value LP (Hedge Fund) has proposed to remove dual-class share structure which provides super-voting rights & de facto control to inheritors of founder, with News Corp suffering from corporate governance resulting in valuation discount. Rupert Murdoch has a personal fortune of around $20 billion. In 2023 September, Australia media tycoon (Age 92) Rupert Murdoch with $17 billion fortune has stepped down from $14.7 billion Fox Corp & $11.3 billion News Corp, with Rupert Murdoch eldest son Lachlan Murdoch (Age 52) taking over as Chairman of News Corp and continue as Chairman & CEO of Fox Corp.  News Corp CEO is Robert Thomson.  In 2023 January, Rupert Murdoch (Murdoch & the Murdoch Family Trust) News Corp and Fox News have announced the termination of the merger plan (24/1/23), first announced in October 2022.   Rupert Murdoch had requested the News Corp & Fox News Board to review plan to merge $9 billion News Corp & $16 billion Fox News (market capitalisation), around 10 years after their split. News Corp owns leading brands including Wall Street Journal, Dow Jones, The Sun, The Australian, New York Post, Realtor.com & REA Group. In April 2023, Fox Corporation & Fox News announced to pay $787.5 million settlement for a defamation lawsuit (2021) by United States voting-machine maker Dominion (Dominion Voting Systems).

Arkade Developers' IPO opens today with a strong grey market premium, signaling robust investor demand. Learn more about the IPO details and the company's financial performance. #ArkadeDevelopers #IPO #StockMarket #RealEstate #Investment #Mumbai #BSE #NSE

Moneycontrol Exclusive: Blackstone-Sattva JV to file papers for Rs 7,000-crore REIT IPO by mid-February With a leasable space of 48 million sq ft, Knowledge Realty Trust will be the biggest in India and the second largest in Asia. Some of the properties to be included in the REIT are One BKC, One International Centre and One World Centre in Mumbai, Sattva Knowledge City and Sattva Knowledge Park in Hyderabad and Cessna and Exora Business Parks in Bengaluru #Blackstone #REIT #IPO

Rupert Murdoch News Corp ($15 billion market value) 62%-owned property listing firm REA Group increased buyout offer to $8.1 billion has been rejected by UK largest real estate platform Rightmove.  In September 2024, REA Group had increased the buyout offer to $8.1 billion (GBP 6.1 billion) from $7.3 billion (GBP 5.6 billion) for Rightmove.  REA Group $7.3 billion buyout offer (GBP 5.6 billion) had earlier been rejected by UK largest real estate platform Rightmove. Read - https://lnkd.in/gJwunJd5 follow Caproasia | Driving the future of Asia Rupert Murdoch News Corp ($15 billion market value) 62%-owned property listing firm REA Group increased buyout offer to $8.1 billion has been rejected by UK largest real estate platform Rightmove.  In September 2024, REA Group had increased the buyout offer to $8.1 billion (GBP 6.1 billion) from $7.3 billion (GBP 5.6 billion) for Rightmove.  REA Group $7.3 billion buyout offer (GBP 5.6 billion) had earlier been rejected by UK largest real estate platform Rightmove.  Earlier in September 2024, Australia media tycoon Rupert Murdoch News Corp ($15 billion market value) large shareholder Starboard Value LP (Hedge Fund) has proposed to remove dual-class share structure which provides super-voting rights & de facto control to inheritors of founder, with News Corp suffering from corporate governance resulting in valuation discount. Rupert Murdoch has a personal fortune of around $20 billion. In 2023 September, Australia media tycoon (Age 92) Rupert Murdoch with $17 billion fortune has stepped down from $14.7 billion Fox Corp & $11.3 billion News Corp, with Rupert Murdoch eldest son Lachlan Murdoch (Age 52) taking over as Chairman of News Corp and continue as Chairman & CEO of Fox Corp.  News Corp CEO is Robert Thomson.  In 2023 January, Rupert Murdoch (Murdoch & the Murdoch Family Trust) News Corp and Fox News have announced the termination of the merger plan (24/1/23), first announced in October 2022.   Rupert Murdoch had requested the News Corp & Fox News Board to review plan to merge $9 billion News Corp & $16 billion Fox News (market capitalisation), around 10 years after their split. News Corp owns leading brands including Wall Street Journal, Dow Jones, The Sun, The Australian, New York Post, Realtor.com & REA Group. In April 2023, Fox Corporation & Fox News announced to pay $787.5 million settlement for a defamation lawsuit (2021) by United States voting-machine maker Dominion (Dominion Voting Systems).

So here we are at the cusp of transition as we gear up to launch India's First SM-REIT Scheme IPO.. From the multiple rounds of iterations in creating this absolutely new asset class to the deep-dives with each of our partners who joined us in this single-minded pursuit - This journey to the cusp of this mountain has been arduous and filled with many roller-coasters but absolutely worth it.. #CREInvesting #Drivingchange

Partners Group has announced the acquisition of Empira Group, a leading real estate investment platform with a EUR 14 billion portfolio in Europe and the US. This transaction aligns with evolving industry trends and enhances Partners Group’s real estate growth strategy. Notable insights shared by Karim Habra and Lahcen Knapp underscore the strategic importance of this move. Partners Group https://lnkd.in/eteKSZ4b #LBO #Buyouts

It’s always a useful exercise to compare two REITs to see which makes a better investment choice for yourself. We look at two popular REITs with CapitaLand Investment Limited (SGX: 9CI) as their sponsor - CapitaLand Integrated Commercial Trust (SGX: C38U) and and CapitaLand Ascendas REIT (SGX: A17U). So, which makes the better investment? #betterbuy #REITs #investing #sgxstocks