Prestige Estates Projects Limited
Mirae Asset Mutual Fund trimmed its Prestige Estates Projects stake from 2.76% to 2.70%, selling 228,621 shares.
A vertically integrated real estate developer operating across residential, commercial, office, retail, hospitality, and warehouse segments throughout India. Prestige Estates maintains operations in more than twelve major cities and manages a diverse portfolio of properties across multiple asset classes and customer segments. The company's multi-segment business model and geographic diversification distinguish it within India's competitive real estate development sector.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.