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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

1588.40 -2.35 (-0.15%)
19-Aug-2026 10:17 View Price Chart
Peers
Company Name CMP
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Dilip Buildcon 415.60
Sobha 1301.70
Oberoi Realty 1872.90
Ahluwalia Contract(I 713.30
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