Funding and debt▲ Bullish for Prestige Estates

Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm

1 source · first seen 22:31 29 Sept · updated 22:31 29 Sept

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Prestige Estates₹1,417.50 · 4 today Hotels and travel7 today Real estate25 today

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Part of a developing story3 updates over 5 days

Prestige Estates’ hospitality business

Prestige Estates withdrew draft papers for a planned ₹2,700 crore hospitality IPO, citing strategic considerations and uncertain market conditions. CPP Investments later invested ₹3,000 crore, or C$441 million, in the hospitality platform.

Tuesday, 29 September

22:31You are here
Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm
22:312 sources
CPP Investments makes India hospitality debut

Friday, 25 September

18:526 sources
Prestige Estates withdraws ₹2,700 crore IPO plan for its hospitality business

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Business LinePrestige Estates raises ₹3,000 crore from CPPIB for hospitality arm22:31