Milestones

• 1905

  Phoenix Mills Ltd, had begun operations on 17.3 acres of land, at Lower Parel, Mumbai as a textile manufacturing company, with the objective of producing premium-quality cotton textile goods.

• 1959

  The Phoenix Mills Ltd got listed at the Bombay Stock Exchange.

• 1986

  Phoenix House and Phoenix Centre begun operations as,a commercial hub, with a 350,000 sq ft office space.

• 1987

  The company put their first step into the growing real estate market where High Street Phoenix emerged as one of the leading properties.

• 1996

  Phoenix launched its first multi-storied residential tower, built on the Phoenix Mills Land.

• 2004

  Hight Street Phoenix expanded to 400,000 sq ft of commercial space with the introduction of Skyzoneand other retail stores.

• 2005

  Phoenix Mills Ltd celebrated its 100th year anniversary. A successful century of presence in the Retail, Residential, Commercial & Hospitality sector.

• 2008

  Palladium Mumbai, stood out as one of the most profitable investments, with a 7% year-on-year growth rate of the total income.

• 2011

  Phoenix Marketcity, Pune and Bangalore, emerge as highly profitable investments, with 3% and 10% year-on-year growth rates of total income respectively.

• 2012

  Phoenix Marketcity,
  Kurla launches a new project while, Chennai runs on a 2% year-on-year profit.
  Additionally, Phoenix One Bangalore West, a residential property in Bangalore, spread across an area of 2.20 msf (thousand sq ft), was launched.

• 2015

  Phoenix Kessaku, a high-end, luxury project in Bangalore, spread across 0.99 msf, with a cumulative sale volume of 0.21 msf, was launched atCourtyard by Marriott, Agra. The exclusive luxury residential project at Bengaluru was operationalized at 5 in-house F&B outlets and some of our other retail assets.

• 2016

  The St. Regis, Mumbai, the premium brand in Starwood Hotels portfolio, begins operations from Sept’15. PML raised ` 2,830 mn via Qualified Institutional Placement (QIP) in July 2015.

• 2017

  Partnered with CPPIB to develop, own and operate retail-led, mixed-use developments across India, through our 100% subsidiary that houses Phoenix MarketCity, Bengaluru (ISMDPL). CPPIB promises to invest over 16 billion in ISMDPL.

• 2018

  Acquired two brownfield and three greenfield land parcels, with estimated Retail GLA of 0.46 Msm and additional development potential of 0.26 Msm.

• Current

  Growth of retail profile from 0.64 msm to 1.11 msm, Phoenix Palassio, Lucknow became operational in record time of 24 months from our acquisition date, with Retail GLA of 0.084 msm.
  Successfully raised. ₹11,000 mn of equity capital by the way of QIP from marquee investors.

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