{"id":17734,"date":"2025-07-25T05:01:37","date_gmt":"2025-07-25T05:01:37","guid":{"rendered":"https:\/\/www.realestate.thehonanews.co.in\/?p=17734"},"modified":"2025-07-25T05:01:37","modified_gmt":"2025-07-25T05:01:37","slug":"phoenix-mills-to-acquire-cpp-investments-49-stake-in-ismdpl-for-%e2%82%b95449-crore","status":"publish","type":"post","link":"https:\/\/www.realestate.thehonanews.co.in\/?p=17734","title":{"rendered":"Phoenix Mills to acquire CPP Investments&#039; 49% stake in ISMDPL for \u20b95,449 crore"},"content":{"rendered":"<p> <br \/>\n<br \/>Phoenix Mills (PML) is set to acquire CPP Investments&#8217; 49% stake in Island Star Mall Developers (ISMDPL) for \u20b95,449.16 crore, gaining full ownership. The transaction, unfolding over three years, will consolidate PML&#8217;s control over key retail assets like Phoenix MarketCity Bengaluru and enhance shareholder value. ISMDPL&#8217;s revenue has seen substantial growth, reaching \u20b9919.7 crore in FY25.<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/realty.economictimes.indiatimes.com\/news\/retail\/phoenix-mills-acquires-cpp-investments-49-stake-in-ismdpl-for-5449-crore\/122886371\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phoenix Mills (PML) is set to acquire CPP Investments&#8217; 49% stake in Island Star Mall Developers (ISMDPL) for \u20b95,449.16 crore, gaining full ownership. The transaction, unfolding over three years, will consolidate PML&#8217;s control over key retail assets like Phoenix MarketCity Bengaluru and enhance shareholder value. ISMDPL&#8217;s revenue has seen substantial growth, reaching \u20b9919.7 crore in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-17734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/17734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17734"}],"version-history":[{"count":0,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/17734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/media\/17735"}],"wp:attachment":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}