MoneyWorks4Me

Prozone Intu Properties completes acquisition of PIDPL

14 Mar 2019 Evaluate

Prozone Intu Properties has completed the acquisition of 100% shares of Prozone Intu Developers (PIDPL), a step down subsidiary from Royal Mall (RMPL) a wholly owned subsidiary of the Company on March 12, 2019.

Prozone Intu Properties is specialist retail and residential led mixed use real estate developer, harnessing Intu Properties Plc (INTU) experience as UK’s largest retail real estate developer combined with Prozone in-depth knowledge of the Indian retail marketplace.

Peers
Company Name CMP
Lodha Developers 1169.60
Prestige EstatesProj 1484.00
Dilip Buildcon 413.10
DLF 676.75
Oberoi Realty 1859.50
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