Tag: REIT

Looking for SEBI norms for REITs

PE investors in real estate projects are waiting for SEBI’s REIT Regulations so that they get an exit option once their investments mature. In the absence of REIT regulations, PE investors are unable to unlock the investments made in realty projects in the last 4-5 years. An estimated 3 – 4 billion dollars investments mostly […]

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 […]

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.

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 […]

Indian REITs To Reach 5 Percent By 2010

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 […]

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 […]

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 […]

DLF- Building India

DLF Ltd. has dominated the never before building boom in India. DLF has a corporate slogan “Building India”. The company is taking on a tough challenge in meeting its growth goals while counting, in part, on a relatively unknown and unpredictable market — residential developments for India’s growing number of middle-income families. Indian real-estate sector […]