Prestige Estates Projects planning to acquire malls in Pune, Mumbai: Report

Prestige Estates Projects is reportedly planning to acquire malls in Pune and Mumbai. Through this acquisition the company is looking to increase its rental income base. The company has aggressive mall development pipeline and it is in talks to either reposition or buyout malls.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.