Corporate News     01-Apr-24
Prestige Estates Projects inks Rs 2,000 cr deal with ADIA and Kotak AIF
Prestige Estates Projects announce a significant milestone in its growth trajectory through a strategic deal with the Abu Dhabi Investment Authority (ADIA) and Kotak AIF. The Rs 2,001 crore (~$240 million) deal is dedicated towards the development of residential projects in prominent locations across 4 cities in India.

The collaboration with ADIA and Kotak AIF represents a considered move towards adopting strong and organic growth for Prestige Group. The deal, with its substantial size, upholds company's vision to sustain its leadership position in the industry. It is aimed at catalysing the development of early-stage residential projects, ensuring company's commitment to prudent expansion and diversified growth.

Previous News
  Prestige Estates Projects AGM scheduled
 ( Corporate News - 01-Sep-23   13:40 )
  Prestige Estates Projects Ltd Spurts 2.46%
 ( Hot Pursuit - 26-Sep-24   09:30 )
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 ( Hot Pursuit - 14-Feb-24   13:02 )
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 ( Hot Pursuit - 27-Aug-24   09:30 )
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 ( Market Commentary - Mid-Session 24-Jun-24   09:32 )
  Prestige Estates Projects to conduct board meeting
 ( Corporate News - 04-Aug-23   12:57 )
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 ( Hot Pursuit - 19-Apr-23   10:04 )
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 ( Hot Pursuit - 13-Jul-23   14:30 )
  Prestige Estates Projects consolidated net profit rises 257.59% in the June 2022 quarter
 ( Results - Announcements 09-Aug-22   17:39 )
  Prestige Estates Projects Ltd Slides 3.32%, S&P BSE Realty Index index Drops 1.22%
 ( Hot Pursuit - 23-Feb-23   09:45 )
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