Tag Archives: K Raheja

UBS sets up office at Navi Mumbai’s Airoli Mindspace

Swiss bank UBS has set up its office on part of recently leased 4 lakh sq ft space in K Raheja Corp’s Mindspace complex in Navi Mumbai’s Airoli locality. The new office of the Zurich-headquartered, NYSE-listed multinational bank will provide IT infrastructure support to UBS’ international operations and also house its global service center hub.… Read More »

Blackstone wins CCI nod to buy stake in K Raheja’s commercial office portfolio

The Competition Commission of India (CCI) has approved global private equity firm Blackstone’s plan to acquire stakes in real estate firm K. Raheja Corp’s (KRC) commercial office portfolio. Blackstone has been the front-runner to buy 15% stake in the K. Raheja Corp’s commercial real estate business for $250-300 million. The Mumbai-based developer’s office portfolio is… Read More »

Blackstone eyes 15% stake in K Raheja’s office portfolio for $300 million

US private equity major Blackstone Group has moved closer to inking a $250-300-million deal for 15% in K Raheja Corp’s 20-million sq ft income-producing office portfolio, said two persons familiar with the development. “An application with regards to the proposed deal has now been filed with anti-trust watchdog Competition Commission of India. The transaction is… Read More »