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Blackstone concludes $1.5-billion realty deal with Prestige

Synopsis
The Blackstone Group has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, said three people with direct knowledge of the matter.
Agencies
Blackstone will acquire 100% control of the portfolio that has been carved out of the Prestige Group’s ready and under-construction projects.
The Blackstone Group has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, said three people with direct knowledge of the matter.
The acquisition has strengthened Blackstone’s position as India’s largest owner of office and retail space. ....

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The Quorum launches in Mumbai

Mumbai (Maharashtra) [India], January 22 (ANI/BusinessWire India): The Quorum, a lifestyle club that opened in Gurgaon in 2018, announces the launch of its second club, in Mumbai.
With an anticipated opening date in April 2021, The Quorum in Mumbai aims to introduce and further extend its unique blend of hospitality and philosophy of being community-led, content-driven, design-focused and experiential, to a discerning Mumbai audience.
Conceptualized with a global sensibility by Vivek Narain (Founder & CEO) and Sonya Jehan (Co-Founder & Creative Director), The Quorum s launch in Mumbai will be perfectly timed to address the question on the mind of many - what does the future of office-going, socialising, and events look like, in the new normal? ....

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Virtual debut of Facilities Show India concludes successfully, engages industry professionals

Virtual debut of Facilities Show India concludes successfully, engages industry professionals
ANI |
Updated: Dec 17, 2020 19:30 IST
Mumbai (Maharashtra) [India], December 17 (ANI/PRNewswire): Facilities Show India, the UK originated Facilities Show by Informa Markets concluded its debut virtual edition on a high note. The Virtual expo witnessed a footfall of 2155 buyers from 17 countries namely USA, UK, Canada, China, South Korea, UAE to name a few. The expo acted as a global hub for facilities management (FM) supplier industry and field service management professionals while introducing the buyer community to innovations, solutions and ideas within the sector and connecting them with industry connoisseurs. Moreover, the virtual conference alongside the expo brought together local and global thought leaders and experts to share their insights on various pertinent areas regarding organisational culture, Business Continuity, Workpl ....

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Virtual debut of Facilities Show India concludes

Virtual debut of Facilities Show India concludes
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