Real Estate News

DLF Shortlists 6 Potential Buyers for Promoters' 40% Stake in Rental Arm

India's largest real estate developer DLF has shortlisted six potential buyers for 40% stake of the promoters in its rental arm DLF Cyber City Developers Limited that is expected to sell for about Rs.13,000 crore. It has now shortlisted GIC, Blackstone, Warburg Pincus, Brookfield Asset Management, a consortium of Abu Dhabi Investment Authority (ADIA), Kotak Realty Fund and Qatar Investment Authority (QIA). Source: The Times of India, July 8, 2016, New Delhi << Back