Tag: #REITS

merger

Tamil Nadu will investigate the possibility of collaborating on housing projects with Singapore.

October 19, 2022

CHENNAI: According to Palanivel Thiaga Rajan, Tamil Nadu’s finance and human resource management minister, the state is considering developing flagship housing projects in collaboration with Singapore firms. On Tuesday, he said there is a cultural and natural connection between Singapore and Tamil Nadu to collaborate in a few areas during a panel discussion titled “Partnering […]

Tamil Nadu will investigate the possibility of collaborating on housing projects with Singapore.more

Emirates REIT plans to buy-back $400 million in bonds to improve its balance sheet.

April 22, 2020

Emirates REIT, a sharia-compliant real estate investment trust headquartered in Dubai, is contemplating buying back some of it’s nearly $400 million in Islamic outstanding bonds to boost its balance sheet, three sources told Reuters. Given the economic pressures induced by the coronavirus pandemic, which is worsening an already stagnant property sector in Dubai, the idea […]

Emirates REIT plans to buy-back $400 million in bonds to improve its balance sheet.more
SEBI

Recent guidelines by SEBI on preferential issue & institutional placement by listed REITs.

November 28, 2019

On Wednesday, the Securities and Exchange Board of India (SEBI) provided guidelines on the preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust (REITs). The regulator said that if it has been listed for a period of 12 months, a listed REIT may create a preferential issue of […]

Recent guidelines by SEBI on preferential issue & institutional placement by listed REITs.more
embassy logo

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.

November 14, 2019

Embassy Property Developments could raise its investment trust joint-venture with Blackstone, Embassy Office Parks Reit, to as much as Rs 6,500 crore from the selling of office space. The area is part of the TechVillage Embassy in Bengaluru. Embassy Office Parks Reit CEO Michael Holland stated: “We got an offer from Embassy Sponsor and we are deciding […]

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.more
Real estate

PE investment in real estate has received Rs 39,182 cr in the first 3 quarters of 2019.

November 1, 2019

The interest of private equity firms in Indian real estate continues undiminished, with investment in the sector rising to Rs 39,182 crore in the first three quarters of 2019, up 19% from the previous year. They have infused over 83.5% of these funds as equity capital, which reflects an appetite for Indian real estate industry. Private equity […]

PE investment in real estate has received Rs 39,182 cr in the first 3 quarters of 2019.more
Investment

India to receive $50 billion of Institutional Investment by the end of 2019.

October 10, 2019

According to a study conducted by the JLL, the Indian real estate market will have cumulative institutional investments worth around $50 billion in 2019, which include both foreign and domestic investments, as a result of large relaxation on investment norms concerning to Foreign Direct Investment (FDIs) and institutionalization of investments in a manner of REITS […]

India to receive $50 billion of Institutional Investment by the end of 2019.more
real estate investment trust (REIT)

Commercial Real Estate Developer can raise Rs.1.5 lakh crore through the REIT method – CRISIL Report.

October 4, 2019

By Abhay Shah According to a report, almost 10 developers and operators of commercial real estate have the potential to raise Rs 1.5 lakh crore by monetising 184 million sq ft of space through the real estate investment trust (REIT) route. The rating agency Crisil estimates that these assets account for around 30% of Grade […]

Commercial Real Estate Developer can raise Rs.1.5 lakh crore through the REIT method – CRISIL Report.more
office

PE real estate investments are estimated to reach $6.5 billion in 2019.

September 19, 2019

By Abhay Shah, Realty Quarter Real estate investment is estimated at approximately $6.5 billion, with the largest share of office investments. The commercial office sector, which experiences strong office demand, facilitates investors, both foreign and Indian, according to a recent RICS-Colliers report. Investors want to bundle up assets and list them as REITs, capitalizing on strong demand. […]

PE real estate investments are estimated to reach $6.5 billion in 2019.more
REIT

Embassy REIT’s gives hope to realtors, as it received 35% appreciation in just 6 months.

September 16, 2019

By Abhay Shah, Realty Quarter India’s first real estate investment trust (Reit), Embassy Office Parks Reit, has been able to generate hope for real estate developers seeking to increase funding in the wake of the ongoing liquidity crisis with price growth of almost 35% in the previous six months since its opening in April. Several commercial real […]

Embassy REIT’s gives hope to realtors, as it received 35% appreciation in just 6 months.more
SEZ

Parliament approved amendment to the SEZ legislation to allow trusts to set up units in special economic zones.

June 29, 2019

By Abhay Shah, Realty Quarter The Rajya Sabha gave its nod to the Special Economic Zones (Amendment) Bill, 2019, on Thursday, a day after it was passed by the Lok Sabha. The Bill will substitute for the 2019 Special Economic Zones (Amendment) Ordinance, issued in March. The decree paved the way for trusts in these areas […]

Parliament approved amendment to the SEZ legislation to allow trusts to set up units in special economic zones.more