Indiareit Fund Advisors
As compared to real estate investments in the Asia Pacific Region, Indian realty remained dull in 2012-13. REITs worth $10 billion may be listed in case of tax relief provided by the Government of India. CEO of Jones Lang LaSalle for Asia Pacific, Alastair Hughes revealed his opinions on matters related to real estate market [...] Continue Reading »
In what can be termed as good news for the Indian real estate sector, Milestone Capital advisors, a well known private equity fund that invests in realty projects has managed to raise nearly Rs. 170 crore for its structured debt fund. Milestone Capital advisors plan to raise a total of Rs. 500 crore in the [...] Continue Reading »
Century Real Estate Venture – the investment arm of Bangalore-based property developer Century Real Estate Holdings – has efforts underway to raise Rs. 350 crore for developing residential projects. Towards that end, the company is currently in discussions with Indiareit Fund Advisors. According to an unidentified source familiar with the matter, Century Real Estate Venture [...] Continue Reading »
Commercial office space landlord RMZ offices aims high as it sets its sight on obtaining Rs 9,000 crore ($1.5 billion) through a Real Estate Investment Trust (REIT) either in Mumbai or Singapore. RMZ corporate vice chairman Manoj Menda has made it clear that this Bangalore-based developer is soon to be made public within 15 months, [...] Continue Reading »
Originally announced in the Fiscal Year of 2014, REITs (Real Estate Investment Trust) did not offer any tax sops to attract potential investors in the cash-strapped realty market. The BSE has now launched a 11-member advisory group on REITs, to engage long term funds from national and international investors. In order to popularise REITs, various [...] Continue Reading »
Seeing hope regarding the revival of economy after Lok Sabha elections, both foreign and domestic private equity players are now returning back to invest in Indian real estate sector, but with caution. As per the industry experts, they plan to focus on top six-seven cities. During the last year as many as 393 PE deals [...] Continue Reading »
Canada Pension Plan Investment Board (CPPIB) and Piramal Enterprises have equally invested in a $500-million fund to finance residential property projects in India. The venture will focus on providing project-level debt to local developers for residential developments in Mumbai, Delhi NCR, Bangalore, Pune and Chennai. These cities have good civic infrastructure, strong employment and population [...] Continue Reading »
Jones Lang LaSalle, a Global real estate services firm, raised Rs 161 crore. The fund is focused on residential sector in India — Residential Opportunities Fund I – and is a six-year, close-ended private equity fund. It will invest Rs. 25-30 crore and target 25-30% returns, informed a senior executive. The fund will be will [...] Continue Reading »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors has recently made two investment in realty projects in Mumbai, Pune and Bangalore. The total amount of investment made is around Rs 200 crore. The first investment made is worth Rs 100 crore in a project by Omkar Realtors & Developers. This a residential [...] Continue Reading »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors is to invest about Rs 250 crore in two projects in Mumbai and Pune in next one month. One of the projects is a slum project in Mumbai and the other one is a residential project in Pune. The Piramal group is currently [...] Continue Reading »
