ShrikantBhasipromotedCarnivalGrouptodayannouncedtheacquisitionofthecommercialrealestateprojectwhichincludes“ElanteMall“,‘悦”luxuryhotelandtheofficepremiseswithcentralcourtyardinChandigarhfromL&TGroupatadealvalueoftheacquisitionofthesaidpropertyissignificantasitwillenableCarnivalGrouptowidenitsportfolioandhelpthecompanyachieveleadershippositionintheretailsector.Commentingontheacquisition,ShrikantBhasi,ChairmanofCarnivalGroupsaid,’IwouldliketothankGroupExecutiveChairmanofL&TA.M.Naik,forconsideringthesaleofthisprestigiousassettoCarnivalGroup.Thisacquisitionisapartofassetcreationforthegroupasaninvestmentportfolio.Thisacquisitionwillhelpustofurtherexpandourcapabilitiesandhasallowedustomakeinroadsintonewermarkets.ThisprojectwillbeoperatedasaseparateunitandwillbeledbyitscurrentIndiabasedmanagementteam。 L&ThascreatedalandmarkinthecityofChandigarh.ElanteMallhasgotoveronedozenawardsalreadyincluding‘TheMostAdmiredShoppingCentre’&‘MalloftheYear2013-2014’‘Thisprojecthasgotagoodrentalyield,’赛达.C.Dinesh,DirectorofFinance,CarnivalThispropertyisoneofthemostelegantandmagnificentpropertiesinIndiawhichincludesinterestingfeatures,Elantemallwithitsretailspaceofover1.5million.sq.ft.acrossG + 3levelsisthelargestmallinChandigarh.Theretailspacehostspremiumnationalandinternationalbrandsalongwithamixofhypermarket,departmentalstores,运动吧,BowlingAlley.Elantehasawell-plannedentertainmentzonewithmultiplexandfoodcourtthatcaterstoitscustomers.Spreadacross20acres.CarnivalGrouphasbeenonanacquisitionspree.ThisisCarnivalGroup“sthirdrealestateacquisitionafterLeelaInfopark(高知)LeelaTechnopark(琅).TheGrouphasalsoboughtoutthe“ BigCinemas“multiplexbusinessofAnilAmbani”sRelianceGroup.TheGroupearlythisyear,alsoacquiredGlitzCinemas,whichwasapartofCapital18,asubsidiaryofMukeshAmbani“sNetwork18Media.DiversifiedCarnivalgroupownsbrandslike“DBell”,“CaféSabrosa“和“Rasam”intheirhospitalitystandalongwithCarnivalfoodcourts.CarnivalGroupsharesinterestsinmediaandentertainmentwithsegmentslikemov Ieproduction,InternationalConcerts,RealityShowsandWeddingPlanninginindiaAndoverseas。
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