KBC Global Ltd (formerly Karda Construction Limited), listed on the Bombay Stock Exchange (BSE: 541161), has appointed Mr. Muthusubramanian Hariharan as Executive Director and Chief Executive Officer, effective July 9, 2024. This strategic leadership move comes as the company undertakes significant expansion efforts, including a major new infrastructure contract. The Board of Directors at KBC […]
Robert Wasmund, a veteran in the residential construction and bridge lending industry, has teamed up with Elliott Investment Management L.P. to establish Ascent Developer Solutions (“AscentDS”), a new venture aimed at offering customized financing solutions for top-tier real estate developers. This initiative is backed by a substantial equity capital commitment from Elliott, a prominent multi-strategy […]
In a significant reshaping of its top management, Shriram Properties Limited (SPL), one of South India’s premier residential real estate developers, has announced the promotion of Mr. Gopalakrishnan J to the role of Executive Director & Group Chief Executive Officer, effective July 20, 2024. Previously serving as the Executive Director & Group Chief Financial Officer, […]
Fairmont Hotels & Resorts, a luxury brand under the Accor group, in partnership with SOL Properties, a leading UAE developer, has announced the launch of Fairmont Residences Solara Tower Dubai. This ambitious project is set to redefine luxury real estate in the heart of Downtown Dubai, with completion targeted for the third quarter of 2027. […]
Puravankara Limited, a leading name in India’s real estate market, has expanded its footprint in Bengaluru with the acquisition of a 7.26-acre land parcel in Hebbagodi. This area, renowned for its strategic location near Electronics City, is a prime spot for residential developments, particularly appealing to IT professionals. Hebbagodi’s proximity to major IT hubs and […]
Godrej Properties Limited (GPL), a top-tier real estate developer in India, has strategically acquired approximately 7 acres of prime land in Thanisandra, North Bengaluru, to develop a high-end residential project. The project is expected to feature premium residential apartments of various configurations, with an estimated developable potential of around 9 lakh square feet and an […]
Landmark Properties, in partnership with W5 Group, has announced the acquisition of a 2-acre site in the University Hill neighborhood of Syracuse, New York, just a block from Syracuse University. This marks the commencement of The Standard at Syracuse, a groundbreaking 600+ bed, 210-unit student housing project set to transform local student accommodation by 2026. […]
Landsec has successfully increased its ownership stake in Bluewater, one of the UK’s premier retail destinations, by acquiring an additional 17.5% from GIC for £120 million. This strategic purchase elevates Landsec’s total stake in Bluewater to 66.25%, marking a significant expansion in their investment portfolio. This acquisition not only strengthens Landsec’s position in the retail […]
Vashu Bhagnani Industries Limited, previously known as Pooja Entertainment and Films Limited, a distinguished name in the entertainment sector and listed entity, has announced a strategic partnership with Pooja Leisure and Lifestyle, a leader in construction, renovation, and real estate development. This collaboration marks a significant venture into transforming a commercial building into “POOJA LUMINAIRE,” […]
KB Home (NYSE: KBH) has officially launched Prospect Park, its latest townhome community, in the highly sought-after area of Santee, California. With starting prices in the low $800,000s, this development is poised to attract homebuyers looking for a blend of contemporary design and comfortable living. Strategically Located for Convenience and Lifestyle Prospect Park benefits from […]