The real estate sector in India has been lucrative for savvy investors over the last decade, but it has not been without accompanying uncertainties. The introduction of REITs (Real Estate Investment Trusts) will open up a platform that will allow all kinds of investors – even those with smaller budgets – to make safe and… Read More »
As much as 229 million sq ft of office space in India is compliant with REIT (Real Estate Investment Trusts). Even if half of this space were to get listed in the next few years, the total REIT listing could be worth Rs 1.25 trillion. The first REIT listing is expected by June 2017. Well-known… Read More »
A venture including private-equity giant Blackstone Group LP is poised to launch India’s first real-estate investment trust in an initial public offering that could raise more than $600 million and mark a milestone in the development of a modern commercial real-estate industry in India. For Blackstone, the deal would do a lot more than simply make history. It would… Read More »
Indian real estate is likely to provide investment opportunity worth up to $77 billion through REIT-eligible commercial office and retail properties across the country’s top seven cities by 2020. Across these cities, including Mumbai, Delhi-NCR, Bengaluru and Pune, ready commercial space eligible for REIT investments amounts to 277 million sq ft, accounting for less than… Read More »
Indian real estate is likely to provide investment opportunity worth up to $77 billion through Real Estate Investment Trust (REIT) – eligible commercial – office and retail, properties across the country’s top seven cities by 2020. Across these cities, including Mumbai, Delhi-NCR, Bengaluru and Pune, ready commercial space eligible for REIT investments amounts to 277… Read More »
Saudi Arabia’s stock market on Tuesday said it plans to list “multiple” exchange-listed real estate funds before the end of the year. The Tadawul’s statement follows regulations passed by the Capital Market Authority last month which paved the way for “real estate investment traded funds”. These would invest in residential, commercial, industrial, and agricultural real estate,… Read More »
Global private equity firm Blackstone Group Lp, the largest owner of office real estate in India, plans to list two separate real estate investment trusts (REITs) for its office assets with developer partners, said multiple people familiar with the development. For its office parks in the National Capital Region (NCR), and west India (Mumbai and Pune),… Read More »
Thailand’s biggest warehouse developer WHA Corp said on Monday it plans to launch a real estate investment trust (REIT) worth 8.02 billion baht ($230 million) in November with underlying assets in industrial estates of its Hemaraj unit. This will be the first REIT under the Hemaraj brand after WHA, builder of bespoke warehouses for lease, acquired… Read More »
Private equity firm Milestone Capital Advisors is looking to raise Rs 1,400 crore through its Milestone Commercial Advantage Fund to invest in pre-leased assets, including commercial offices, IT parks and logistic parks, a top executive at the firm has told ET. The fund raising will have a greenshoe option of Rs 700 crore. This will… Read More »
According to a real estate consultant, first half (H1) of 2016 witnessed the highest annual private equity (PE) investments in retail with over Rs. 3,350 crore being invested, compared to only Rs. 250 million invested in the first half of 2015. This is the highest annual PE investment made since 2008. Owing to factors such… Read More »
