Prestige Estates Plans Rs 5,000 Crore Equity Raise, Monetises Hospitality Arm ...Middle East

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Prestige Estates Plans Rs 5,000 Crore Equity Raise, Monetises Hospitality Arm
source : Devdiscourse ( Middle East ) () 69
Prestige Estates Projects Ltd, one of India's leading real estate developers, has announced plans to raise up to Rs 5,000 crore by issuing equity shares to institutional investors. Additionally, the company will monetize its hotel business through its subsidiary, Prestige Hospitality Ventures.

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