REIT
Real estate developers have been requesting the government to give them a go ahead with REIT (Real Estate Investment Trusts). Blackstone, K Raheja, Embassy, Panchsil, DLF and RMZ could be the first off the block together listing as much as 75 million square feet, for an estimated $5 billion, in the next twelve months, once the [...] Continue Reading »
The much needed real estate investment trusts (REITs) are almost here for realtors to seek help from, but the question is, would the REITs be allowed an entry into the nations markets? This is a move which when allowed would be great for the economy, say sources. A move that would bring in the much-wanted [...] Continue Reading »
Real Estate Investment Trusts, or REITs, are the next big thing in the Indian economic market. Prime Minister Narendra Modi’s decision to implement new rules for the governing of trusts throughout India will open up a new chapter in the country’s real estate. Many prominent private equity players are now pushing for REITs to be [...] Continue Reading »
India’s first real estate investment trust (REIT) will be set up very soon by Blackstone Group (BX.N) and its partner, Embassy Group. This trust will be listed on one of the country’s stock exchanges too. The government is working on finalising the rules that will govern the trusts and by next month the directive will be issued [...] Continue Reading »
The Real Estate Investment Trusts are hoping to get a positive signal soon in matters of the Budget which is coming up soon. They could soon come up with a fresh way of funding for all those developers who are struggling with increasing cost of funds as well as the sales which are rapidly declining. [...] Continue Reading »
The year 2014 looks promising for REITs or Real Estate Investment Trusts. Anticipating a go ahead in this year’s budget, the trusts offer hope to realty developers who are struggling with low sales and high fund costs. Like mutual funds, REITs can be traded and listed in exchanges. They are tax-free and invest in malls, [...] Continue Reading »
Indian private equity firm Milestone Capital Advisors is set to launch a new residential realty fund in the month of June. The fund will look to raise Rs 300 crore, and an additional Rs 200 crore in case of excess demand. Vice Chairman and Director of Milestone, Rubi Arya said the new fund will possibly [...] Continue Reading »
Private equity (PE) funds in India are looking to portfolios of income-producing real estate assets as the country prepares to allow listing of real estate investment trusts (REITs). Redfort Capital, Golden Estates, Kotak Realty Fund and Blackstone Group are few of the PE firms planning to invest in such assets. REIT is a type of [...] Continue Reading »
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »
Slow approvals and execution has caused project delays forcing real estate developers to raise capital from non-banking financial companies (NBFC) and private equity (PE) funds to refinance previous loans, repay banks or pave the way for exits by investors. PE funds and analysts point out that developers may not judged correctly on the time required [...] Continue Reading »
