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 [...]
By manish
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Posted in Real Estate Information, Real Estate Investment
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Also tagged Harvey Jones, Indore, Institutional Investors, Jaipur, Nagpur, Nick Harvey, Parker Real Estate, Property Zone, Real Estate Investment Groups, Real Estate Investors, Retail Property, Tier 3, Triangle Real Estate, UK
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March 17, 2008 – 12:33 am
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 be [...]
By manish
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Posted in Real Estate Information, Real Estate News
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Also tagged Currency Futures, Draft Guidelines, Exchange Board, Foreign Exchange, March, Real Estate Investment Trusts, Real Estate Sector, Reits, Sebi, Singapore, stock market, Stock Retail Investors
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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 closely follows [...]
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 survey’s five [...]
March 10, 2008 – 11:43 pm
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 [...]
February 28, 2008 – 4:47 am
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 breaks [...]
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 to [...]
By manish
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Posted in Real Estate Information, Real Estate News
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Also tagged Asia Pacific, Asian, Business Times, Estate Investment Trust, Global Credit Crunch, Hong Kong, Real Estate Investment Trust, Reits, Singapore, South Korea
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February 20, 2008 – 1:28 am
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.
February 19, 2008 – 1:54 am
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 [...]
February 6, 2008 – 1:08 am
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). [...]
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