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UK’s Warehouse REIT agrees to Blackstone’s $635.35 million bid

June 5, 2025

Blackstone raised its bid to 489 million pounds in March but knocked off the sweetener, citing differing views on the value of an asset.

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Tagged Blackstone, Britain, Neil Kirton, United Kingdom, Warehouse REIT

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Jaideep Ahlawat along with wife buys apartment in Mumbai for ₹10 crore
Gurugram civic body struggles to find agency to manage construction waste

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Emaar India to invest ₹400 crore to develop residential project in Lucknow

Representative Image NEW DELHI: Emaar India plans to invest ₹400 crore to develop a high-rise residential project – Elite Oasis at Gomti Nagar Extension, Lucknow. The project has an expected revenue potential of ₹650 crore. Developed on 2.923 acres of land, the project offers a wide range of residential units, 3BHK + U and 4BHK + U (two types). The price range for 3BHK units will be between ₹2.75 to ₹2.90 crore and for 4BHK units between ₹3.87 to 4.15 crore. Published On Jun 2, 2025 at 04:58 PM IST Join the community of 2M+ industry professionals Subscribe to our…

Bengaluru civic body cracks down on solid waste management cess fraud

BENGALURU: In response to widespread misuse of solid waste management (SWM) fee waivers, the BBMP is set to form special teams to verify claims made by large apartments and commercial establishments that they handle their own waste disposal. A BBMP official said, “The teams will audit exempted properties and initiate strict action against violators, including imposing double penalties on those found submitting false declarations. Several apartment complexes, commercial buildings, star hotels, and restaurants across Bengaluru have allegedly exploited a BBMP provision by falsely claiming they scientifically process their own waste. This has allowed them to evade the mandatory SWM cess…

Bengaluru civic body to replace sodium lamps with smart LEDs

Representative Image BENGALURU: By replacing traditional sodium street lights with energy-efficient LED lights, BBMP is set to save hundreds of crores in annual electricity costs, reducing power consumption by over 85% and significantly cutting its Rs 380 crore yearly electricity bill. Bengaluru is set to phase out traditional sodium street lights and replace them with LED lights, marking the start of a long-awaited, ambitious project aimed at saving hundreds of crores annually in electricity costs. After six years of planning, the Bruhat Bengaluru Mahanagara Palike (BBMP) is finally implementing the initiative to cut energy expenses by removing conventional street lights…

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Nine teams to inspect illegal buildings: Thane civic body to Bombay HC

June 21, 2025
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Delhi government likely to study Mumbai’s Dharavi model for slum redevelopment

June 21, 2025
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West Bengal plans four new IT parks

June 21, 2025
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