The market regulator has released frameworks for investors in REITs, InvITs and listed non-convertible securities
Will a slowdown in US and Europe, the deepening property market crisis in China and high interest rates take investors away from Indian REITs?
The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE
While the global slowdown has cast its gloom on India’s office property market, regulatory issues such as DESH Bill are exacerbating the woes of listed REITs
REITs give you the benefits of commercial real estate investing without its headaches
A REIT invests your money in real-estate and is designed to earn you a regular yield in the form of dividend or interest. The US and Singapore offer the most choice in REITs. India has mutual funds that offer you a slice of global REITs, but there’s a reason why returns have been subdued so far.
What matters in the final analysis is stability of the portfolio and financial muscle of the sponsor in standing tall during testing times
Fueling the optimism is the 20 percent plus return given by the Embassy IPO since its listing compared to a negative return by the BSE Realty index during the period
If you are looking for something long-term with a pretty decent return and the possibility of some upside, then Infrastructure Investment Trusts (InvITs) look interesting, said Shilpa Kumar, Managing Director and CEO, ICICI Securities
Real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) are picking up steam. Watch Amit Thawani, ED - Investment Banking at Nomura; Yash Ashar, Partner at Cyril Amarchand Mangaldas and Gautam Mehra, India Tax Leader at PWC discuss how REITs and InvITs work.
InvITs is basically an infrastructure investment trust through which infra companies can raise money. This money that will be raised for their operational projects will be tax free.
MEP Infrastructure too will be filing for a DRHP for InvIT within a month's time, said Vice Chairman and Managing Director Jayant Mhaiskar, adding that post that the approval is likely to come in 45 days.
Private equity investors like Blackstone and Rothschild-backed Xander Group are looking for malls in India, betting that people will flock to stores as more foreign brands open and online retailers ease their aggressive discounting.
Rental income potential of Grade A office space stock in eight major cities is estimated at nearly USD 8 billion (about Rs 51,800 crore) by 2019 which can be tapped by Real Estate Investment Trusts (REITs), a report said.
REITs and Infrastructure Investment Trusts (InVITs) are aimed at attracting funds in a transparent manner into the real estate and infrastructure sectors.
To deepen capital markets, SEBI also pitched for allowing investment of pension money into various securities instruments and to create an enabling environment for REITs to flourish.
In Budget 2015-16, Finance Minister Arun Jaitley had rationalised capital gain tax regime for the sponsors of newly-created business structure REITs. The rental income arising from real estate assets directly held by the REIT was also proposed to be allowed to pass through and to be taxed in the hands of the REIT unit holders.