Bengaluru-based realty firm Prestige Estates has bought 28.99% stake in a commercial project in Mumbai of DB Realty. The deal value was not disclosed. Prestige Falcon Realty Ventures, a wholly-owned subsidiary of Prestige Estates Projects Ltd, has acquired 1,32,854 equity shares representing 28.99 per cent (without considering other convertible instruments in the entity) of the equity share capital of DB (BKC) Realtors from Trinity Capital (Ten) Ltd.

(Live Mint)