KNOW ALL ABOUT : REIT
Real Estate Investment Trusts (REITs) could become a reality now and the first listing is expected in the coming months after markets regulator Sebi recently eased norms to attract realtors and investors. Read ET articles to know more about REITs).
Government looking at REITS model to monetise land assets of CPSEs, enemy property
The finance ministry is looking at innovative Real Estate Investment Trusts (REITs) model for sale...
Embassy REIT IPO will list ahead of schedule on April 1
REITs are required to be listed on recognised stock exchange within 12 days of closure of offer.
Things to know before investing in REITs
An investor can apply for investment in REITs through his demat account, either online or by filling up the IPO form and indicating demat account details.
REITs: The Moment of Truth
On Monday, Embassy Office Parks launched India’s maiden REITs issue to raise Rs 4,750 crore.
Early days! Not the ‘REIT’ stuff for Indian investors as yet
Whether it eventually works as smoothly in India will take years to discover, says Dhirendra Kumar.
Embassy REIT’s IPO a long-term play on rental assets
Investors could expect yield of 7.4-8.3 per cent pre-tax in FY20.
Sebi seeks to make mutual funds' valuation process fairer
The Sebi board approved easing of norms for raising of funds through instruments like real estate and infrastructure investment trusts.
Sebi proposes easier norms for REITs, InvITs for greater access
It has been proposed that the leverage limit for InvITs will be raised to 70% from 49%.
Sebi proposes easier rules for REITs, InvITs
Sebi has been proposed that the leverage limit for InvITs should be increased from existing 49 per cent to 70 per cent.
Need bigger tax sops for first home buyers in Budget: JLL
"The bracket should be increased up to 1 Rs Lakh to incentivise first-time home buyers. This deduction is over and above the Rs 2 lakhs limit under section."
For better valuations, realtors prefer to hold on to commercial properties
Realty developers that also used lease rental discounting to monetise their commercial assets along with outright sale model are also now keen to create a portfolio that can be listed under a REIT.
Global investors eye tieups with local realtors to build commercial assets
Blackstone, GIC, Brookfield and CPPIB have already taken most of the ready and leased assets, leaving other long-term investors ready to write big cheques to scout.
View: Why EPFO investment rules should be overhauled
Instead of parking funds in the safe harbour, it should venture out into the open, where risks and rewards are both higher, diversifying its portfolio.
RMZ to list office portfolio next year
RMZ is in talks with Canadian Pension Plan Investment Board (CPPIB) and Qatar Investment Authority (QIA) to raise about $1 bn to expand its asset portfolio.
Insurers can now invest in REITs, InvITs: IRDAI
REITs, InvITs are still a nascent market, as SEBI only last December revised and eased regulations for these instruments.
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