REIT

The company also announced the distribution of Rs 220.8 crore for the second quarter of this fiscal to unitholders.New Delhi: Brookfield India Real Estate Trust on Thursday announced plans to raise Rs 3,500 crore through the issue of units...

The capital was raised in two tranches—Rs 600 crore and Rs 400 crore— with bullet repayment on maturity. New Delhi: Nexus Select Trust, India's first retail real estate investment trust (REIT), announced the raising of Rs. 1000 crore through non-convertible debentures...

REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchangesKolkata: The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand...

The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offerNew Delhi: The Initial Public Offering (IPO) of Nexus Select Trust, the first REIT backed by rent yielding retail real estate assets, was subscribed 28 per...

Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assetsNew Delhi: Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised...

The company will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT IPO and this includes fresh issue of units worth up to Rs 1,400 crore and an offer for...

Nexus Select Trust has acquired 17 shopping malls since the 2015-16 fiscal year and intends to grow its business inorganicallyNew Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust plans to double its portfolio of shopping malls in the next...

DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties New Delhi: Real estate major DLF has no plans to launch public offer of REIT in the next one...

The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...

The government proposed to tax income distributed by business trusts like REITs and InVITsNew Delhi: Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form...