• CPPIB hospitality deal: Prestige Group has signed a term sheet with CPPIB involving a ₹1,000 crore secondary buyout alongside fresh primary capital to clear debt and fund growth.
• Hospitality portfolio expansion: The company plans to scale its hospitality footprint from 1,450 operational keys to approximately 5,500 keys through existing pipelines, targeting an eventual standalone IPO once the assets mature.
• Rental revenue targets: Prestige targets exit rental revenues of around ₹2,800 crore for office spaces and ₹2,000 crore for retail malls by FY30, with plans to unlock value by potentially listing office, retail, and hospitality divisions separately around FY29–FY30.
• Residential sales guidance: After achieving ₹6,500 crore in presales in Q1, management reiterated its full-year residential top-line guidance of around ₹36,000 crore, relying on upcoming project approvals and launches across key cities.