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Page 3 - Reit

Embassy REIT could see downsides as IT sector scales down presence

Partial stake sale by sponsor Blackstone has hit sentiment

Embassy REIT could see downsides as IT sector scales down presence
Updated On : 09 Jul 2020 | 12:53 AM IST

Blackstone and Brookfield eye stake in Wadhwa's office portfolio in BKC

Wadhwa group, one of the largest owners of office property in the BKC area, plans to float a REIT after onboarding an investor

Blackstone and Brookfield eye stake in Wadhwa's office portfolio in BKC
Updated On : 30 Nov 2019 | 2:48 AM IST

Sebi lays guidelines for listed REIT, InvIT on preferential issue

In a circular, the regulator has specified manner of issuance of units under preferential issue as well as institutional placement by listed REIT and InvIT and lock-in period

Sebi lays guidelines for listed REIT, InvIT on preferential issue
Updated On : 28 Nov 2019 | 2:09 AM IST

Global funds draw India plans as Blackstone REIT soars 35% since debut

India can raise $25 billion through REITs over the next three years listing around 150 million square feet of rent-yielding office properties, according to Anarock

Global funds draw India plans as Blackstone REIT soars 35% since debut
Updated On : 21 Sep 2019 | 2:06 PM IST

Why investors still have good reasons to back a shopped-out Singapore

Singapore is Asia's REIT capital, which means there's no dearth of well-managed investment vehicles

Why investors still have good reasons to back a shopped-out Singapore
Updated On : 07 May 2019 | 9:20 AM IST

Reit is excellent opportunity for investors, but with complex tax incidence

The money paid to unitholders can be in the form of dividend, interest income or rental income

Reit is excellent opportunity for investors, but with complex tax incidence
Updated On : 21 Apr 2019 | 12:53 AM IST

Embassy Office Parks Reit makes stock market debut, gains nearly 5%

Experts said the positive listing would help in opening of a new fundraising avenue

Embassy Office Parks Reit makes stock market debut, gains nearly 5%
Updated On : 02 Apr 2019 | 12:06 AM IST

Blackstone, Karnataka minister to bring assets under Embassy REIT

The JV company Embassy Office Parks' plan to submit application for REIT was delayed as George was undecided on bringing his share in Embassy Golf Links

Blackstone, Karnataka minister to bring assets under Embassy REIT
Updated On : 14 Jun 2018 | 7:02 AM IST

Improved REIT rules, but analysts still cautious

DLF, Prestige have the largest commercial portfolios among listed entities but no immediate gains

Improved REIT rules, but analysts still cautious
Updated On : 26 Sep 2016 | 11:56 PM IST

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Draft prospectus to be filed next week; second trust, with Panchshil, in a few months

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr
Updated On : 26 Sep 2016 | 1:45 AM IST

Blackstone, DLF, RMZ could take Reit route soon

DLF, India's largest developer, is looking to file for a real estate investment trust (Reit) in the current financial year, with the capital markets regulator, the Securities and Exchange Board of India (Sebi), clearing the norms for Reits on Friday."We are looking for an issue of Rs 12,000-1,4000 crore," said an executive in the company, adding that the proceeds from the issue will be used for debt repayment. "The issue should hit the market after the stake sale by our promoters."DLF promoters are looking to sell 40 per cent stake in its rental arm DLF Cyber City Developers (DCCDL) for around Rs 12,000 crore by next month and investors such as GIC and Blackstone are in the race to buy that.When contacted, DLF chief executive Rajiv Talwar said: "Sebi has sorted out most of the issues and we're looking to float an Reit soon," he said. He, however, declined to give a timeline for the issue, saying it depends on various approvals. DCCDL has 25-26 million sq ft of leased commercial space

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Updated On : 24 Sep 2016 | 12:00 AM IST

Sebi push for Reits, offshore fund managers

Regulator proposes to ease REIT rules; allow foreign fund manager relocate India

Sebi push for Reits, offshore fund managers
Updated On : 18 Jun 2016 | 1:16 AM IST

Sebi to relax REIT, portfolio manager norms to woo investors

Aim is to make REITs more attractive to investors by allowing them to invest a large portion of funds in under-construction assets

Sebi to relax REIT, portfolio manager norms to woo investors
Updated On : 12 Jun 2016 | 12:24 PM IST

REIT candidates work to iron out wrinkles

A REIT invests in real estate and trades on major exchanges like a stock

REIT candidates work to iron out wrinkles
Updated On : 12 Apr 2016 | 11:14 PM IST

Blackstone, RMZ may roll out REITs first

Blackstone, with its JV partner Embassy, had looked at floating a $2-billion REIT

Blackstone, RMZ may roll out REITs first
Updated On : 01 Mar 2016 | 11:26 PM IST