Merrill Lynch
Lodha Developers, a real-estate company based at Mumbai has decided to hire two banks for its first dollar bond issue that aims at raising money from investors abroad by the end of this year. This announcement comes after Century Ltd. which raised 175 million dollars through selling bonds closed its issue on Friday. Two banks [...] Continue Reading »
Panchshil Realty has bought back its stake in three projects from Merrill Lynch and IREO for over Rs 720 Crore. Panchshil realty has acquired 50% stake from IREO Real Estate in two projects – EON SEZ at Kharadi and a high-end residential project at Hadapsar for R480Cr. The third buy back was done in the [...] Continue Reading »
BPTP, a renowned real estate developer has bought Merrill Lynch’s stake in its Gurgaon property. The developer buys 49% of Merrill Lynch stake in the Gurgaon Crest office complex for Rs 180 crore. In 2007, Merrill Lynch had invested Rs 100 crore in the project. Even BPTP has its own office in the same complex. [...] Continue Reading »
