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Real Estate Briefing - Categorized | IPOs/Stock Market, Private Equity

India: Realty firms shun PE funding, opt for IPOs

Posted on 10 February 2010

From Moneycontrol.com: The real estate sector’s 16,000 crore ($3.5 billion) IPO pipeline is putting a spoke in the wheel of private equity deals. Several private equity deals have fallen through as companies seem to prefer the primary market route.

Unlisted real estate companies have always depended heavily on bank and private equity funding. Since banks have tightened lending, private equity players were scouting for some sweet deals. But that was not to be………………………………….Full Article: Source

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