Investing in commercial property is now more lucrative than residential Residential property has always been the first choice of investors wanting to capitalize on the real estate investment opportunities in India. However, after the economic slowdown in the past few years, the commercial segment is catching their fancy. Private equity investors are now buying stakes… Read More »
To help the newly-introduced Infrastructure Investment Trusts (InvITs) gain further traction, markets watchdog Sebi on Wednesday proposed easing of norms for these instruments, including by reducing the mandatory sponsor holding to 10 per cent, from the current 25 per cent. The Securities and Exchange Board of India (Sebi), in 2014, had introduced InvITs — an… Read More »
India’s rich investors have switched to buying commercial property in place of housing over the last 15-18 months following a tapering down of property price appreciation in the residential real estate in top Indian cities. Commercial property serves as a lucrative investment option with investors gaining from rental income as well as capital appreciation. Grade… Read More »
DLF Ltd’s much-anticipated stake sale in its rental portfolio could help India’s most valuable property developer reduce the debt on its books although analysts say its turnaround will only be complete when demand returns to the moribund residential real estate market. The stake sale aims to raise about Rs.12,000 crore with the promoters selling 40% in… Read More »
India’s largest real estate firm DLF is expecting to receive expressions of interest from prospective investors for the sale of its promoters’ 40% stake in the company’s rental arm DLF Cyber City Developers (DCCDL) over the next two weeks. It plans to finalise the buyer over the next two months and close the transaction latest… Read More »
Robust demand from occupiers and limited supply of grade A offices have continued to push rentals in prime Indian office space markets including Mumbai’s Bandra-Kurla Complex, Connaught Place in New Delhi and Bengaluru’s MG Road. In terms of rental growth, Connaught Place with 10% year-on-year rise is second only to Hong Kong, followed by Tokyo… Read More »
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after Sebi announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms. An infrastructure investment trust (InvITs) offers an opportunity to promoters of projects to sell their stake in completed projects to the… Read More »
Indian commercial real estate offers investment opportunity worth $43 – $54 billion across the top 8 cities including Mumbai, Delhi-National Capital Region, Bengaluru and Pune through REIT-eligible ready stocks, said a report by RICS and Cushman & Wakefield. Further, it is estimated that approximately 315 million sq ft of office inventory is eligible for REIT across… Read More »
The commercial real estate sector is witnessing increased interest from private equity funds, with several large institutions focusing on completed and leased commercial assets for investment. In 2015, private equity real estate firms deployed more than $5 billion in Indian real estate companies and projects -the highest since the financial crisis of 2008 -through 90 deals,… Read More »
A survey by a real estate services firm says the average age of top-end office spaces in Mumbai and Delhi is 11 years — at par with Singapore. According to the survey, Beijing and Shanghai have the newest office stock in the Asia-Pacific region, with an average age of eight years, while Hong Kong has… Read More »
