Page 3 - Reits

FM announces plan to monetise assets, realise Rs 6 trillion till 2024-25

The plan covers 20 asset classes spread over 12 line ministries and departments

Street signs: MFs bet on easier compensation rules, India VIX surges & more

Officials in the industry believe that the market regulator might give some concessions on the aspect of key employees of the fund houses

Use only 'mad money' to invest in fads

Investors with a compulsive need to participate in any ongoing action should do so by having a 'mad money' allocation-money they can afford to lose

Vacancy levels at 3 REITs set to rise another 300 bps

Work from home, second wave have deferred leasing decisions by occupiers

Mindspace REIT to distribute Rs 272.8 cr to unitholders for Jun quarter

Mindspace Business Parks REIT on Friday reported a net operating income of Rs 359.6 crore and will distribute Rs 272.8 crore to unitholders for the quarter ended June 30.

Pooled investment funds likely to attract service tax: Check details here

GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores

Sebi revises minimum application value, trading lot for REITs, InvITs

Markets regulator Sebi has reduced the minimum application value of REITs and InvITs, and revised trading lot to one unit for these investment instruments to make them attractive for retail investors

REITs, InvITs to disclose investor complaints on websites, exchange filings

Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs, InvITs will have to be disclosed on their websites, to stock exchanges in a prescribed format.

Don't find residential rental yields attractive enough? Opt for REITs

Returns are likely to be higher, but payouts are not guaranteed and prices will fluctuate on exchanges

REITs reduce borrowing costs by about 200 basis points or more in FY21

Top property developers such as Godrej Properties and the rental arm of DLF reduced their borrowing costs in FY21 by 110 bps and 145 bps, respectively

FPIs in a bind over higher tax on interest income from REIT investments

If an REIT distributes interest income received from SPV, it is taxable as 'interest income' in the hands of the unit holder at 20% plus surcharge and education cess

REITs to lure investors with tax-free dividends and capital returns

Mindspace gives 90% of returns; Brookfield, Embassy to follow suit

Realty consultants' data on occupancy differs from companies' nos : Ind-Ra

While the data from the listed REITs and companies rated by India Ratings clearly is raising concerns, that provided by real estate consultancies projects a sanguine picture

Near term headwinds for REITs on FY22 lease expiry, weak demand

Strong base of technology sector tenants and valuations may provide support

Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

Irdai allows insurers to invest in debt instruments of InvITS and REITS

Securities should not be rated below 'AA' under the "approved investment" category. In case the instrument is subsequently downgraded, it will be part of "other investments"

Mindspace REIT plans to raise up to Rs 450 cr through issue of securities

Mindspace Business Parks REIT on Thursday said the company plan to raise up to Rs 450 crore through the issue of debt securities. In a regulatory filing, the company informed that the decision will be taken at a meeting on March 9. "a meeting of the executivecommittee of the manager shall be held on Tuesday, March 9, 2021, to consider and approve raising of funds by Mindspace REIT through the issue of a debt security(ies) aggregating up to Rs 450 cores by way of the private placement," the filing said. The fund could be raised in one or more tranches. Mindspace REIT, promoted by K Raheja Corp and Blackstone, got listed on stock exchanges last year after launching a public issue of Rs 4,500 crore. It owns office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad and Chennai. Mindspace REIT has a total leasable area of 29.5 million square feet. The portfolio consists of five integrated business parks and five quality independent office ass

14 mn sq ft office parks make Brookfield REIT a long-term bet, say analysts

Pandemic-led growth challenges, higher debt and valuations could cap near-term gains

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday