Latest news with #PartnersGroup
Time of India
18 hours ago
- Business
- Time of India
Xander Group looking to offload 3.5m-sq-ft warehousing portfolio
Private equity firm Xander Group has initiated the process to divest its warehousing portfolio spread across India's key logistics markets-Chennai, Mumbai, and Kolkata-aiming for an exit with an expected valuation of over '2,000 crore, said persons with direct knowledge of the development. The assets, aggregating to nearly 3.5 million sq ft, represent the culmination of a strategic investment cycle undertaken over the past four to five years. The portfolio includes two assets in Chennai including a Special Economic Zone (SEZ) asset, an asset in Mumbai region's Bhiwandi and one more in Kolkata that was acquired around seven years ago. All of these are fully leased Grade A income-yielding properties with over 95% of them with a Weighted Average Lease Expiry (WALE) of over five years. The fund has mandated advisors to explore sale options, and discussions with strategic buyers and institutional investors have already commenced, according to persons familiar with the development. "These are Grade-A warehousing assets located in high-demand corridors around Chennai, Mumbai, and Kolkata, all operational and leased to quality tenants," said one of the persons mentioned above. "The portfolio offers stable rental income and long-term growth potential, making it an attractive proposition for funds and operators looking to scale quickly in India." A Xander Group spokesperson declined to comment for the story. The move underscores rising institutional interest in the Indian logistics and industrial real estate sector, which has seen consistent demand from both global and domestic investors driven by e-commerce, third-party logistics (3PL) operators, and manufacturing expansion under India's " Make in India " push. Xander had built this portfolio with Partners Group through its platform focusing on industrial and logistics assets, with an acquisition strategy targeting high-demand micro-markets with infrastructure linkages.
Reuters
5 days ago
- Business
- Reuters
Germany's Techem still seeking deal after TPG withdraws as buyer, CEO says
FRANKFURT, May 28 (Reuters) - German energy firm Techem continues to work towards a deal after its sale to U.S. financial investor TPG (TPG.O), opens new tab and sovereign wealth fund GIC fell through earlier this month, the company's CEO Matthias Hartmann said late on Tuesday. The potential buyers withdrew registration of the 6.7-billion-euro ($7.59-billion) deal with the European Union's antitrust authorities on May 7. The European Commission had announced an in-depth review of the takeover, as TPG's concessions were not deemed sufficient. Hartmann told reporters on Tuesday that efforts to reach a solution were ongoing. "All parties are keen to find a solution ... I can't say what that will look like," he said. TPG had brought Singapore's sovereign wealth fund GIC on board as a co-investor for the takeover last October. Partners Group had also considered an initial public offering (IPO) as a way to sell its shares in the company last year. "Capital markets are always an option," Hartmann said, adding that would be a decision for its shareholder to take. Hartmann declined to comment on whether Techem will continue working with the same advisers or whether it will pay a so-called "break-up fee" which is incurred when deals fall apart. As a result of TPG's withdrawal, Techem will repay in full provisional senior secured bonds amounting to 750 million euros that were issued in connection with the planned handover, the company said in a statement. ($1 = 0.8827 euros)
National Post
23-05-2025
- Business
- National Post
SureWerx Announces Strategic Leadership Transition to Drive Future Growth
Article content 'We are deeply grateful to Chris for his leadership and the pivotal role he has played in scaling SureWerx to where it is today. M&A remains a key pillar of our value creation strategy, and we're pleased that he will continue to contribute in this newly created role, where he can leverage his deep expertise to lead our M&A strategy. We are thrilled to welcome Scott as our new CEO. His strategic commercial background, deep operational expertise and proven track record of driving above-market growth across the industrial sector will be instrumental in accelerating our momentum. Scott's leadership will build on our strong foundation and help guide SureWerx into its next phase of growth and value creation,' said Derek Lim, SureWerx Board Member and Managing Director, Partners Group.
Yahoo
18-05-2025
- Business
- Yahoo
It Might Not Be A Great Idea To Buy Partners Group Holding AG (VTX:PGHN) For Its Next Dividend
Partners Group Holding AG (VTX:PGHN) is about to trade ex-dividend in the next 4 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Thus, you can purchase Partners Group Holding's shares before the 23rd of May in order to receive the dividend, which the company will pay on the 27th of May. The company's next dividend payment will be CHF042.00 per share, on the back of last year when the company paid a total of CHF42.00 to shareholders. Based on the last year's worth of payments, Partners Group Holding has a trailing yield of 3.6% on the current stock price of CHF01182.50. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing. We've discovered 2 warning signs about Partners Group Holding. View them for free. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Last year Partners Group Holding paid out 97% of its profits as dividends to shareholders, suggesting the dividend is not well covered by earnings. Generally, the higher a company's payout ratio, the more the dividend is at risk of being reduced. View our latest analysis for Partners Group Holding Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we're encouraged by the steady growth at Partners Group Holding, with earnings per share up 5.1% on average over the last five years. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. In the last 10 years, Partners Group Holding has lifted its dividend by approximately 17% a year on average. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders. From a dividend perspective, should investors buy or avoid Partners Group Holding? While we like that its earnings are growing somewhat, we're not enamored that it's paying out 97% of last year's earnings. Partners Group Holding doesn't appear to have a lot going for it, and we're not inclined to take a risk on owning it for the dividend. Although, if you're still interested in Partners Group Holding and want to know more, you'll find it very useful to know what risks this stock faces. To help with this, we've discovered 2 warning signs for Partners Group Holding (1 is significant!) that you ought to be aware of before buying the shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Bloomberg
15-05-2025
- Business
- Bloomberg
Partners Group Will Urge Trump Officials to Bless Private Equity in 401(k)s
Buyout firm Partners Group is lobbying the US Department of Labor to issue further guidance on private equity and 401(k)s, seeking to spur greater adoption of alternative investments in Americans' retirement accounts. The private equity firm plans to write to the Labor Department, which oversees retirement plans, in the coming days, according to people with knowledge of the matter. Partners Group will ask the department to reaffirm that private equity has a place in 401(k) investment lineups, the people said, asking not to be identified because the letter isn't yet public.
