August 17, 2017 8:26 PM ET

Real Estate Management and Development

Company Overview of Kane Capital Partners Limited

Company Overview

Kane Capital Partners Limited owns, operates, and develops real estate properties. The company was incorporated in 2014 and is based in Blackpool, United Kingdom.

Ground Floorseneca House

Links Point

Amy Johnson Way

Blackpool,  FY4 2FF

United Kingdom

Founded in 2014

Key Executives for Kane Capital Partners Limited

Kane Capital Partners Limited does not have any Key Executives recorded.

Kane Capital Partners Limited Key Developments

Firms Eyeing Sahara’s Overseas Assets

Sahara India Pariwar Ltd.’s assets may be sold. Two foreign firms filed separate applications in the Supreme Court seeking approval to acquire Sahara’s three hotels for nearly INR 120 billion, but the company has rejected the offers saying that it was getting INR 380 billion for the overseas properties. APJ Chambers filed the two applications. On behalf of Kane Capital Partners Limited has filed to bid for Grosvenor House Hotel for INR 63.7 billion. Madison Capital, LLC is eyeing Dream Downtown Hotel and The Plaza Hotel for INR 55 billion. Kane’s senior advocate, Subramaonium Prasad said that its bid for Grosvenor House alone would satisfy the liability of Sahara group towards Bank of China's loan. APJ’s Prashant Kumar said, “When my client sent the final offer along with letter of intent for buying 70% of stakes in the Plaza and 80% in Dream Downtown to the concerned person, it was asked to forward it to Lalit Modi in London. It was told that Lalit Modi would take a call on behalf of Sahara.”

Sahara Not selling Hotels to Kane Capital; Says Exploring Other Options

Sahara India Pariwar Ltd. denied selling Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels to Kane Capital Partners Limited. Sahara India told the Supreme Court on August 17, 2015 that it will not sell its three overseas hotels. We will develop these properties. All these persons are looking to grab these properties. These properties have huge potential," Kapil Sibal, appearing for the Group, told a bench led by Justice TS Thakur. Sibal supplied the documents and the memorandum of understanding signed with some of those entities in a sealed cover and added "hopefully, we will give some good news in next 7-10 days before the scheduled hearing on September 14."

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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