Phoenix group a real estate firm Real estate company bought back 50% shares from the Embassy group. These stakes are taken back in three special economic zones (SEZs) that are located in Hyderabad. However, the amount of these bought back shares are not yet to be disclosed. In the next five years, the total investment […]
Continue ReadingIn Hyderabad’s retail mall project, Lake Shore India Advisory the Abu Dhabi Investment Authority (ADIA)-backed firm bought a majority share from Phoenix Group. According to the sources, the deal is finalized for approximately Rs. 1,000 crore as it includes construction funding. The company acquired a 6.5 acre parcel in Hyderabad that estimates to have a […]
Continue ReadingXander Investment Management, the private equity real estate arm of the leading global investment firm Xander group has recently announced to invest Rs 2,550 crore in office projects in Hyderabad. The deal has been signed between Xander Investment Management and Hyderabad-based Phoenix Group for development of 4.5 million sq ft office space in Hyderabad. As […]
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