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Prestige Estates Signs Rs 3000 Crore CPPIB Investment Deal For Hospitality Subsidiary


29 September 2026
Prestige Estates Projects Ltd.

Prestige signed agreements for CPPIB to invest up to ₹3,000 crore in PHVL across three tranches for an approximately 27% stake, including ₹950 crore secondary proceeds to Prestige and ₹550 crore primary infusion into PHVL. First-tranche completion is expected within 60 days, subject to approvals. Context: conditional monetisation route advances.


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