Indians are investing more in real estate in foreign countries India’s outbound capital in buying commercial property overseas nearly doubling in the last financial year said a report. Now standing at $0.7 billion, the increase has been witnessed in 12 months to Q1 2019 while the past number stood at ... Read More »
NEW YORK, N.Y.–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that Tae-Sik Yoon, its Chief Financial Officer, is scheduled to present at the RBC Capital Markets Financial Institutions Conference on Wednesday, March 13, 2019 at 10:40 am EDT in New York, NY. A live audio webcast of the presentation ... Read More »
Chinese capital was responsible for 11 percent of all global cross-border real estate investments last year, second only to the United States (19 percent). Chinese capital accounted for USD 26.6 billion of cross-border real estate transactions last year, accounting for nearly 40 percent of all Asian capital invested. And also ... Read More »
Mumbai: Reliance Capital Ltd has sold a less than 1 per cent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Rs. 275 crore ($41.25 million), a source with direct knowledge of deal said on Tuesday. The deal valued One97, which owns and operates India’s ... Read More »
India has appointed senior finance ministry official Ajay Tyagi as the new chairman of its capital markets regulator, the government said on Friday, at a time when corporate governance issues have taken centre stage in the country. Tyagi, 58, currently an additional secretary at the Indian finance ministry’s economic affairs ... Read More »
It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers’ Associations of India) umbrella, the number of developers who have consistently delivered projects across all three phases of the Indian residential real estate cycle over a 11-year period, stands at a ... Read More »
Mumbai: Puranik Builders Pvt. Ltd, a Mumbai-based residential real estate developer, is in talks to raise Rs225 crore from Everstone Capital backed non-banking financial services company (NBFC) IndoStar Capital Finance Ltd, two people aware of the development said. Talks between the two parties are at an advanced stage and the ... Read More »
Fighting flared in South Sudan late on Saturday southwest of the capital between forces loyal to the president and those backing the opposition, after clashes last month raised fears of a slide back into civil war. Steven Lodu Onseimo, the information minister for Yei region where Saturday’s clashes took place, ... Read More »
Bill Maris, the founder and CEO of Alphabet’s venture capital business, GV (formerly Google Ventures), confirmed on Thursday that he is leaving the company. When tech news website Recode asked the Alphabet exec why he’s leaving the $2.4 billion (£1.6 billion) fund that has invested in 300 companies including the ... Read More »
