IL&FS real estate fund has mopped up $895 million (Rs 43,855 crore), promising overseas investors a return as high as 25%. The fund, called the IL&FS India Reality Fund 2, closed on Monday. Nearly 50% of the investment in the fund has come from US-based investors. The money has been raised at a time when […]
Tag: South Korea
Overseas Investment Spurs Dubai real Estate Development
May 27, 2008 – 6:47 am
The real estate sector in Dubai is being driven mainly by overseas investment, with individuals and companies from other countries consist of 60-70 % of the buyers of freehold units. 2 out of 3 of all the new freehold properties in the emirate are bought by overseas companies or persons who live outside the country, […]
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 […]
