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Portman Holdings holds 26% stakes in Tata’s Promont

Portman Holdings holds 26% stakes in Tata’s Promont
Bangalore- Portman Holdings is all set to invest around 65 crore and 83 crore in Promont, a Bangalore project of Tata Housing which is the real estate arm of Tata Group. Portman has picked about 26 to 30 percent stake in the high-end residential project, whose equity valuation is 250 crore. The firm has investments [...] Continue Reading »

Blackstone offers Rs 560 cr to buy a part in UB City

Blackstone offers Rs 560 cr to buy a part in UB City
Bangalore- Vijay Mallya’s investment holding company UB Holdings has got a jumbo offer by Private equity giant Blackstone, revealed sources. The PE firm has offered around Rs 560 crore to the company to buy out the prime office and retail real estate blocks in UB City, the biggest commercial property project in Bangalore. As an [...] Continue Reading »



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