Tag Archives: REITs

Blackstone India plans to cleave office, retail spaces before mid-year REIT listing

Private equity giant Blackstone India’s REIT (Real Estate Investment Trust) listing is likely to happen in mid-2017, ahead of which the company may undertake a corporate restructuring, demarcating its office spaces from the retail assets, geography-wise. Blackstone is planning to list two separate REITs for its office assets: one with Pune-based Panchshil Realty, and the… Read More »

PE investment in office assets to hit $3.5 billion: C&W

Private equity funding in Indian office assets in 2017 will surge four-fold to $3.5 billion — beating the 2014 peak, said international property consultant Cushman & Wakefield, pointing to unabated interest of global and domestic institutional investors in commercial real estate. Buoyed by stability in the commercial sector as well as potential to list under… Read More »

Will India’s commercial real-estate market get it REIT?

The much awaited Real Estate Investment Trust (REIT) listing is inching closer to reality and India has rent- yielding office inventory of 537 million sq ft worth over $70 billion. According to a joint report by KPMG, Naredco, Hariani & Company and Knight Frank, titled ‘REIT-able Space in India: A Closer Reality’, $121 billion or… Read More »

RMZ in talks with bankers for $300 million REIT offering

Real estate developer RMZ Corp. has started the process of selecting investment banks to manage its initial public offering (IPO) for its proposed real estate investment trust (REIT) which could see the developer raise more than    Rs 2,000 crore, three people aware of the development said. REITs are entities that primarily invest in leased… Read More »

Consumer activism will increase in distressed ongoing projects

Throughout 2016, the number of new residential project launches was lower than units sold. With all states staring at the approaching deadline to implement their versions of the Real Estate Regulation & Development Act (RERA), most will definitely fall in line, said JLL India. “This landmark law will enforce hitherto unprecedented transparency and accountability requirements… Read More »

The end-user’s guide to investing in REITs

The Indian real estate sector has been lucrative for savvy investors over the last decade, but it has not been without accompanying uncertainties. The introduction of real estate investment trusts (REITs), will provide a platform that will allow all kinds of investors (even those with smaller budgets) to make safe and rewarding investments in the… Read More »