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Expansion● Neutral for Indian equities
Rosetta Hospitality lines up ₹650 cr for Sakleshpur, Goa, Kallepura expansion
The brief
- Rosetta Hospitality lines up ₹650 cr for expansion in Sakleshpur, Goa and Kallepura
- Corporate conferencing accounts for nearly 100 days of the year, its biggest segment after leisure
- Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm
- CPP Investments buys 27% of Prestige’s hospitality arm for ₹3,000 crore
- Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBRE
- Prestige Estates withdraws ₹2,700 crore IPO plan for its hospitality business