Tag: Real Estate Investment

Realty stocks continue to haunt investors

Fears of slowdown, delay in project execution and delivery and plunging profit margins continue to haunt investors who have put their money in realty stocks. According to real estate sector report by Religare Securities, there has been a noticeable decline in enquiry numbers for residential property over the past few months. While terming all real [...]

Axa REIM Sets Up Asian Headquarters

Axa Real Estate Investment Managers (Axa REIM) has set up its Asian headquarters in Singapore. About 18 months after making its strategic move into Asia, Axa REIM has already invested nearly 25% of the $2 billion committed by its clients in the region. The new operations in Singapore are expected to help further build Axa [...]

Bahrain’s TAIB Bank shells out Rs 216 cr for 26% in Anant Raj

In the midst of a general slow down in the Indian real estate market, TAIB Bank, a leading private bank based in Bahrain, has picked up a 26% stake in Anant Raj Projects for Rs 216 crore. The deal, one of the first Shari’ah-compliant transactions in the Indian real estate industry, puts the valuation of [...]

SatyaVani In Talks With European REITs

Hyderabad-based real estate firm SatyaVani Projects and Consultants is in talks with European REITs to raise $150 million in private equity, which will form the bulk of the $190 million it plans to spend on projects in Hyderabad, Bangalore and Vishakhapatnam. Company’s director Mr. P Surya Prakash said that besides private equity, SatyaVani Projects is [...]

IBull Realty Arm May Raise 286 Million US Dollar In Singapore

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 [...]

SEBI Issued Guidelines For MF Real Estate Schemes

After being on the backburner for over 7 yrs, the Securities and Exchange Board of India (SEBI) has released draft rules for mutual funds real estate schemes, bringing a lot of relief to the MF industry. SEBI has given authorization to two types of real estate funds. While the first group is of real estate [...]

Emaar SPVs To Get $800 Million PE Funding

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.

Understand The Risks Involved In Real Estate MFs

Mutual fund (MF) houses are rejoicing the securities and exchange board of India’s decision to allow MFs to launch real estate schemes. In fact, they have been waiting for almost two years to get the nod from the stock market regulator. For late comers, you don’t need lakhs or crores of rupees to invest in [...]

Indian REITs To Reach 5% By 2010

At the present expected rate of growth, Indian real estate investment trusts could account for five percent of the universal real estate market by 2010. According to an study 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 [...]

GIC All Set For big Real Estate Deal In India

GIC Real Estate, the real estate investment division of the Government of Singapore Investment Corporation, is planning out a bigger game plan for India. According to industry sources, the firm which runs a multi-billion dollar portfolio of direct and indirect property investments with all most 200 investments in over 30 countries is singling out a [...]

Ishaan Real Estate Plc. Hopeful Of Strong Progress In 2008

LONDON – India-centralized real estate investment company Ishaan Real Estate Plc. told that it has leased and pre-let 577,000 square feet of office and retail space, growing the total area of leased and pre-let space in its commercial and retail development projects to 2.4 million square feet. Ian Henderson chairman of Ishaan Real Estate Plc. [...]

Triangle RE fund to raise $500 m for Indian realty

To cash in on the growth of organised retail in India, UK and South Africa-based real estate investment groups have launched retail property focused Triangle Real Estate Fund (TREF) for India. The $500 million fund will be routed through Mauritius and will be managed by Property Zone – a joint venture between Old Mutual Investment [...]

REITs For Booming Real Estate

SINGAPORE, March 17 – The Securities and Exchange Board of India (SEBI) said on Monday that it was looking at the introduction of real estate investment trusts (REITs), but this will come only after other financial market liberalisation moves. “We have got remarks from market players. I would say that in the timetable, that will [...]

Unitech, Indiabulls defer REITs listing

Unitech and Indiabulls Real Estate Ltd (IBREL) have deferred the listing of their respective real estate investment trusts (REITs) on the Singapore Stock Exchange (SGX) owing to the liquidity crunch in the global markets. Both Unitech and IBREL have received approval from the SGX for the initial public offers (IPOs) of their trusts. The move [...]

Top property Investing Countries in the World

LONDON:- Survey of 485 real estate investors sees UK capital slump to 15th spot on fears over exposure to financial sector. Moscow and Istanbul have displaced London and Paris as the top-ranked cities for real estate investment prospects, according to a Price water house Coopers survey published today. This is the first time in the [...]

Real Estate International Mortgage Marketing in Brief

Mortgage lending rose 160 % previous year, bringing the total to 611 billion rubles ($25 billion), Vedomosti reported last week, citing the Central Bank. Sberbank and VTB Group, the country’s first- and second-biggest lenders, respectively, saw their share of the total rise to 70 % from 55 %, said Vasily Belov, general director of mortgage [...]

Realty sector seeks tax breaks on REITs in line with MFs

Realty sector hopes that Finance Minister P Chidambaram will provide tax breaks on REITs in line with the Mutual Funds while he unveils the Union Budget on February 29. Market regulator SEBI has already come out with a draft guideline to allow Real Estate Investment Trusts (REITs), but there was no mention on the tax [...]

Asian real estate board sees Singapore as major REITs centre

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 [...]

Investment In Promising Cities In India

India is internationally recognized as a booming economy, making it a  favored real estate investment destination for both commercial and residential properties. Still, there is always the confusion of whether to invest in an recognized area or in potentially more money-making area.

RIL Vornado Joint Venture

Reliance Industries is in advanced discussion with the New York-based Vornado Realty Trust. It is one of the world’s top five real estate asset managers. Main aim of this discussion is to float a $1-billion plus fund. The proposed fund will acquire and manage properties, mainly in the retail space, across India. People familiar with [...]

JDA Announces Grand Auction

Jaipur is emerging as real estate investment destination rapidly. Taking  lead from this , Jaipur Development Authority (JDA) is coming up with multiple commercial and residential schemes to woo the investors across the globe. It has attracted Real Estate Giants for its grand auction of group housing and commercial plots at Jaipur- Sikar Road (NH-11). [...]

Real Estate Development Prospect in India

January 08, 2008. Real Estate Companies and Investors are taking India as a great Investment destination. Real estate investment in major cities is taken as a beneficial deal. Real Estate Developers from the outside countries are showing their interest in building luxury villas in top Indian cities. They are looking for the joint venture partners [...]