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Unitech takes real estate boom to the next level
The
largest listed real-estate company of India, Unitech, has sky high dreams taking shape. This time it is going to London Stock Exchange (LSE)! Unitech has plans to raise upto $700 million through a newly-floated company called Unitech Corporate Park (UCP). The UCP will be set up in the Isle of Man and will be listed on LSE’s Alternative Investment Market (AIM). The company will be taking the London route considering the fact that rules for raising capital, via sales of shares, are lesser rigorous in LSE. This move would give the overseas investors greater access to Indian real-estate sector that has registered a growth of 8% for the fourth consecutive year. The company has joined the bandwagon with players like Hiranandani Constructions, K. Raheja Corp. etc., who have also routed to London’s AIM. Though the company has chosen to remain tight-lipped so far, but the grapevine says that Deutsche Bank & Morgan Stanley have been hired to assist the move. Unitech is also coming up with Uniworld City along with the Indonesian partner Universal Success.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
For More IIPM Article, Visit Below....
IIPM RANKED AHEAD OF FIVE OF THE IIMS
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INDO-AFGHAN TIES
IIPM Students Life > Campus Placement
IIPM Academics > Faculty
ABOUT IIPM
IIPM Academics : Curriculum
...AND AN ODE TO INNOVATION...
Unitech takes real estate boom to the next level
The
largest listed real-estate company of India, Unitech, has sky high dreams taking shape. This time it is going to London Stock Exchange (LSE)! Unitech has plans to raise upto $700 million through a newly-floated company called Unitech Corporate Park (UCP). The UCP will be set up in the Isle of Man and will be listed on LSE’s Alternative Investment Market (AIM). The company will be taking the London route considering the fact that rules for raising capital, via sales of shares, are lesser rigorous in LSE. This move would give the overseas investors greater access to Indian real-estate sector that has registered a growth of 8% for the fourth consecutive year. The company has joined the bandwagon with players like Hiranandani Constructions, K. Raheja Corp. etc., who have also routed to London’s AIM. Though the company has chosen to remain tight-lipped so far, but the grapevine says that Deutsche Bank & Morgan Stanley have been hired to assist the move. Unitech is also coming up with Uniworld City along with the Indonesian partner Universal Success.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
For More IIPM Article, Visit Below....
IIPM RANKED AHEAD OF FIVE OF THE IIMS
IIPM : Pas(ay) the Parcel!
IIPM Publication :- Facing the challenge
It’s time for India to brush up
INDO-AFGHAN TIES
IIPM Students Life > Campus Placement
IIPM Academics > Faculty
ABOUT IIPM
IIPM Academics : Curriculum
...AND AN ODE TO INNOVATION...
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