Tag Archives: Pallonji

Shapoorji Pallonji Real Estate plans to enter warehousing segment

Looking to further diversify its portfolio and tap the growing warehousing sector, Shapoorji Pallonji Real Estate plans to enter the segment and is in talks for strategic partnerships, a top company official has said. The company is in the process of identifying locations to develop grade A warehousing stock across the country, Shapoorji Pallonji CEO Venkatesh Gopalakrishnan told PTI. “We Read More

Shapoorji Pallonji, Allianz Group tie up for $500 million real estate fund

The $500 million real estate fund with Shapoorji Pallonji is Allianz Group’s first investment into real estate in India. Photo: Hemant Mishra/Mint Mumbai: Global insurance firm Allianz Group on Thursday announced that it has partnered with Shapoorji Pallonji Group to set up a $500 million real estate fund—SPREF II—which will invest in commercial office properties in India. The transaction, which marks Read More