Page 5 - Reits

Mindspace Business REIT sets price band at Rs 274-275 for its IPO

Seeks to raise up to 4,500 cr, has already received commitment worth Rs 1,125 crore from institutional investors

Sebi lets InvITs, REITS hold unitholder meetings via video conferencing

For meetings other than annual meeting of unitholders, the facility shall be available up to September 30, 2020, it added

Mutual funds investment in REITs, InvITs climbs 58% to Rs 980 cr in January

In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs

Changes to Finance Bill may revive REIT, InvIT market, attract capital

According to the Budget announcement, unitholders had to pay tax on dividend income distributed by REITs/InvITs

Fast-track rights issue: Sebi comes out with guidelines for REITs, InvITs

In a circular, the regulator said listed REITs and InvITs desirous of issuing units under fast-track rights issue will have to comply with certain guidelines.

Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with

One of Sebi's key objectives is to protect investor interest and market integrity.

Sebi revises investment manager eligibility regulations for InvITs

Sebi has also allowed a combined relevant experience of at least 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity

How to tame the market? Doing simple things well is a cliche, but follow it

Don't go lock, stock and barrel on equities

Sebi plans to amend investment manager eligibility norms for InvITs

Sebi has been receiving representations from the industry and the market participants for considering alternative measures

REITs, strata sales attracting small investor to commercial real estate

Monopolised by large investors earlier, office realty can now be fragmented into smaller parcels of investments, making it easier for the small guy to take exposure

Sebi puts in place guidelines for listed REIT, InvIT on rights issue

The Securities and Exchange Board of India had first notified REITs and InvIT Regulations in 2014

As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year

Realty firms may raise over $25 bn in 3 years via REITs: Anarock report

Real estate developers may raise more than USD 25 billion over the next three years by listing their rent-yielding commercial properties through the Real Estate Investment Trusts (REITs) route, according to realty consultant Anarock. Earlier this year, global investment firm Blackstone and realty firm Embassy group launched India's first REIT to raise Rs 4,750 crore. Their joint venture firm Embassy Office Parks listed its rental assets on the exchanges. "Commercial REITs may raise over USD 25 billion for Indian real estate over the next three years. This involves the listing of more than 150 million sq ft of rent-yielding Grade A office properties across top seven cities - covering 25-30 per cent of the overall Grade A office space in these cities," said Shobhit Agarwal, MD & CEO Anarock Capital. Currently, the top seven cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune -- have close to 550 million sq ft Grade A office supply - of which 310-320 million

Piramal's real estate fund seeks extension of one more year from investors

Piramal Fund Management said the fund was launched in 2013 with a primary tenure of six years, extendable by up to two additional one-year periods, by the trustee

Brookfield, GIC may not set up any investment trusts in near term

Brookfield owns six special economic zones of Unitech Corporate Parks, the commercial property portfolio of the Hiranandani family in Powai along with Equinox Business Park in Mumbai

Looking for regular income? You might want to start investing in Reits

Derive 5% of your regular income from Reit initially. Raise this figure to 25% if the asset class does well

Embassy Office Parks Reit allots units worth Rs 1,743 cr anchor investors

Embassy Reit is looking to raise Rs 4,750 crore through the IPO

Other regulators need to play active role for REITs, InvITs growth: Tyagi

However, only seven InvITs and two REITs have been registered with Sebi so far

Blackstone, Embassy file 1st REIT offer with Sebi, plan to mop up Rs 50 bn

REIT is an investment tool that owns and operates rent-yielding real estate assets

REITs: Good option for investors seeking regular income, diverse portfolio

But initial investors have to deal with low liquidity on exchanges, lack of choices, and absence of track record