Global real estate consultant Coldwell Banker India, master franchise of NYSE-listed Realogy Holdings Corporation, has acquired technology-based property brokerage Favista.com in an all-stock deal..The deal included acquisition of the information technology assets, databases, intellectual property and the employees..DealColdwell Realty acquires Favista’s real estate brokerage businessValueUndisclosedSectorITDeal TypeM&ALaw FirmsIndus Law: Coldwell Reality; Favista: In-house teamPartners/HeadsIndus Law: Nishant Singh.Coldwell Realty was advised by Indus Law with a team led by Partner Nishant Singh, Senior Associate Mini Kapoor and Associates Chhavi Jhanji and Priyank Nanavaty..Favista was advised by its in-house team..In India, this is Coldwell Banker’s first acquisition and the company will continue to look for more such opportunities to derive synergies in real estate and make real estate transaction process more transparent, reported ET.
Global real estate consultant Coldwell Banker India, master franchise of NYSE-listed Realogy Holdings Corporation, has acquired technology-based property brokerage Favista.com in an all-stock deal..The deal included acquisition of the information technology assets, databases, intellectual property and the employees..DealColdwell Realty acquires Favista’s real estate brokerage businessValueUndisclosedSectorITDeal TypeM&ALaw FirmsIndus Law: Coldwell Reality; Favista: In-house teamPartners/HeadsIndus Law: Nishant Singh.Coldwell Realty was advised by Indus Law with a team led by Partner Nishant Singh, Senior Associate Mini Kapoor and Associates Chhavi Jhanji and Priyank Nanavaty..Favista was advised by its in-house team..In India, this is Coldwell Banker’s first acquisition and the company will continue to look for more such opportunities to derive synergies in real estate and make real estate transaction process more transparent, reported ET.