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Prestige Estates Projects completes phase 1 of proposed transaction with Blackstone Group

11 Mar 2021 Evaluate

Prestige Estates Projects has completed phase 1 of proposed transaction with Blackstone Group. The enterprise value forming part of phase 1 is approximately Rs 74,670 million out of the total enterprise value of approximately Rs 91,600 Million.

Phase 1 of the transaction includes sale of twelve assets/undertakings comprising of completed retail, office and hotel assets. Phase 2 of the transaction is expected to get completed by the end of next Quarter.

Prestige Estate 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.

Prestige EstatesProj Share Price

1511.30 -0.75 (-0.05%)
23-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 911.50
Dilip Buildcon 458.75
Oberoi Realty 1703.50
DLF 612.10
Ahluwalia Contract(I 847.85
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