The trust, part of Indiabulls Real Estate Ltd., plans to sell 353 million units of Indiabulls Properties Investment Trust at between S$1 and S$1.10 Indiabulls Properties Investment Trust could raise up to $388.3 million (US$286million) selling units in a real estate investment trust (REIT) in Singapore, according to reports. The trust, part of Indiabulls Real […]
Tag: Real Estate Investment Trust
DLF Assets Raises $450 Million from Symphony Capital; Singapore IPO On Cards
May 3, 2008 – 6:58 am
DLF Assets, the property fund of DLF Ltd, India’s largest real estate developer by market capitalisation, has raised $450 million from Symphony Capital, a London based investment firm. DLF Assets has earlier received two hundred million dollars from a fund sponsored by Lehman Brothers and $400 million from another global investment firm DE Shaw for […]
Emaar SPVs To Get $800 Million PE Funding
May 1, 2008 – 7:47 am
Goldman Sachs, Deutsche Bank and one more financial investor are likely to make a combined investment of $800 million in three special purpose vehicles (SPVs) which are being created by real estate group Emaar MGF. Each SPV will have one financial investor who will hold a minority stake.
Indian REITs To Reach 5 Percent By 2010
April 8, 2008 – 5:44 am
At the current projected rate of growth, Indian real estate investment trust (REIT) could account for 5% of the global real estate market by 2010. According to an analysis by Indian REIT industry group Assocham and credit rating agency CRISIL, the global RE market is likely to increase to $1.4 trillion by then, with Indian […]
Citi And Merrill Likely To Invest Rs 2000 Crore In DLF Realty
March 13, 2008 – 4:49 am
NEW DELHI: Global financial firms Citigroup, Merrill Lynch and DE Shaw are likely to invest Rs 2,000 crore or $500 million in the DLF Assets’ (DAL) real estate investment trust(REIT), according to sources. The transaction is likely to be completed by early next week. Part of DLF Group, the largest real estate developer in the […]
Asian real estate board sees Singapore as major REITs centre
February 26, 2008 – 8:59 am
Singapore – The Asian Public Real Estate Association said on Tuesday told that a body which represents publicly traded Asia-Pacific real estate has set up a chapter in Singapore to ultimately serve as a major cross-border REITs centre. Market capitalization of the city-state’s real estate investment trust (REIT) market amounts to 21.6 billion dollars, second […]
