Prestige Estates Projects533274Real estate, hospitality
Prestige Estates signed a Rs 3,000 crore deal with Canada's CPPIB for a 27% stake in its hospitality arm, after scrapping the hotel arm's planned IPO
- Deal value
- Rs 3,000 crore
- Stake sold
- 27 percent
Heard on Live TV News Channel between 12:01:14 - 12:02:29 IST.
- Prestige Estates inked a Rs 3,000 crore deal with Canada's pension giant CPPIB for a 27% stake in its hospitality arm.
- The announcement came soon after Prestige scrapped plans for its hotel arm's IPO.
Also from Prestige Estates Projects
Mumbai High Court set aside an earlier Maharashtra real estate tribunal order against Prestige Estates' Mahalakshmi project, seen as a positive development for the stock
1 Oct 2026
Srikanth Chouhan recommended a long position in Prestige real estate on technical grounds
1 Oct 2026
Bombay High Court sets aside MahaREAT order in Turf View, Mahalaxmi; disputes settled
1 Oct 2026
Source: Live TV News Channel · 30 Sep 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.