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

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