Central Park Engages Advisors for 2027 Real Estate IPO
Property developer Central Park is in the process of engaging a professional services firm and a merchant banker as part of its strategy to list its real estate business by early 2027, according to Amarjit Bakshi, the chairman and managing director. “We are pursuing the IPO route not for fundraising but to facilitate a transition to the next generation,” Bakshi stated. “We aim to establish partnerships, emphasizing the importance of compliance. Every shareholder must be regarded as a partner, and a listed company must fulfill its commitments and meet customer expectations.” Bakshi also mentioned that Central Park is planning a…