Rent collections from office occupiers despite COVID remained strong at 92 percent for the month of April 2020, said CEO Michael Holland.
Fund managers infused Rs 71 crore in real estate investment trusts (REITs) and Rs 909 crore in infrastructure investment trusts (InvITs) in January this year, according to the Securities and Exchange Board of India (Sebi).
An Income Tax section has been tweaked to make an existing infrastructure financing vehicle unviable
2020 likely to see stuck realty projects getting revived by government funds; More commercial REITs to be listed as developers look to unlock value of assets to raise capital
Retail domestic money invested in the schemes of foreign-controlled mutual funds will now be treated as indirect foreign investment. That’s the worry.
Sebi said the issuer will have to disclose objects of the issue, related-party transactions, valuation, financial details, review of credit rating and grievance redressal mechanism in the placement document.
Total REIT-worthy assets, including Embassy Office Park REIT, would translate to a potential investment of $38.6 billion, according to JLL Research.
A turnaround in fortunes for real estate is only a question of time. What explains this optimism is rising transparency and discipline in property dealings.
Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, had raised Rs 4,750 crore through REIT.
REIT is an investment tool that owns and operates rent-yielding real estate assets. It allows individual investors to make investment in this platform and earn income.
The minimum value of a single lot should be Rs 1 lakh in the case of InvITs. Markets regulator Sebi on April 23 came out with guidelines for determination of allotment and trading lot size for REITs and InvITs. Sebi norms pertaining to REITs and InvITs were amended on April 22.
REITs, which are regulated by Sebi, are instruments for investments in real estate. Under this REITs model of securitisation, the land assets will be transferred to a trust providing investment opportunity for institutional investors.
REIT is an investment tool that owns and operates rent-yielding realty assets. It allows individual investors to make investment in this platform and earn income.
The REIT issue has received bids for 1,39,30,400 units against the total issue size of 7,12,56,400 units, as per data available with NSE.
Considering that there are several components of cost and revenue, which are assumed, the reliability of the product becomes tricky at least from the retail investor's point of view
Sakshi Batra is in conversation with Moneycontrol's Vandana Ramnani to discuss all you need to know about REITs and how it will attract investment from local as well as global investors.
Under the proposal, minimum allotment and trading lot for publicly issued REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) will be reduced.
Among others, the manager on behalf of the REIT or InvIT will announce the floor price or price band at least two working days prior to the opening of the bid in case of an initial public offer. Currently, it is five days.
In 2014, market regulator SEBI had notified the REIT regulations but the country is yet to see the first launch of such a trust. REITs are listed entities that invest in income-generating properties and distribute most of the income through dividends to unit holders.
As per estimates, the student housing market is expected to see a compounded annual growth rate of 38 percent to Rs 2,400 crore until 2020
Real estate deals in the first half of 2018 were worth over $1.5 billion; size of Indian real estate sector is expected to touch US$ 180 billion by 2020
The REIT listing is unlikely to spark a rush for more listings, according to experts.
The regulator, in December, had allowed these trusts to raise funds by issuing debt securities in order to make them attractive to investors.
"The strategic investor(s) shall, either jointly or severally, invest not less than 5 per cent and not more than 25 per cent of the total offer size," Securities and Exchange Board of India (Sebi) said in a circular.
Kolkata witnessed a jump in new home launches by 53.9 per cent, at 3,801 units, in the January-March 2017 quarter, against that in the previous quarter, according to real estate data, research and analytics R