Search Results for:Madhurima Nandy

Embassy revamps REIT portfolio ahead of listing

Embassy Office Parks is placing top commercial assets across India under a real estate investment trust (REIT) it is creating to raise $1 billion.

Piramal Capital plans to set up third-party REIT platform

Piramal Capital is also planning to aggregate non-real estate, rent-generating assets, across sectors such as road or logistics, under a platform and may list it through an infrastructure investment trust (InvIT). 

India’s new real estate funds eye stressed assets, affordable housing

Private equity inflows in real estate rose 15% year-on-year to $2.6 billion in the January-March quarter, eclipsing the first quarter of the past 11 years, said property consultancy Cushman and Wakefield.

Uncertainty looms over Chinese property developers’ India investment plans

Property consultants said the inability to find large projects and challenges of dealing with local bodies have delayed their plans. Besides, the Chinese government recently curbed outbound investments in sectors like real estate.

Blackstone, Indiabulls plan commercial real estate platform

The plan is to add six office assets on the platform within the next three to six months

Realty investor Hines India to sell 50% stake in commercial property asset

The sale of Hines’ share in the 800,000 sq. ft office tower may fetch around ₹700-800 crore.

India: Cerestra to raise $300m edu-infra fund, plans to launch infrastructure investment trust

Its first fund—Cerestra Edu-Infra Fund—was a domestic alternate investment fund (AIF) that raised around Rs1,000 crore and bought out income-generating assets in the education-infrastructure space.

India: Embassy-Blackstone  postpones filing for listing  of  REIT till June

Embassy Office Parks, the first to register a REIT with SEBI last year, has delayed its application for a listing till June, following uncertainty over including a key asset in the trust.

India: Realty funds face uphill task in raising, deploying capital for projects

NBFCs are aggressively lending to residential projects leading to downward pressure on rates, making it challenging for local PE funds.

Phoenix-CPPIB platform buys L&T’s Bengaluru land parcel for $98m

This is the first acquisition after CPPIB earlier this month said it has invested an additional Rs938 crore in Island Star, a platform it co-owns with Phoenix Mills.