IRB Infra moves to transfer its ₹1,702-crore Gandeva Ena HAM project to IRB InvIT, aligning with its BEST strategy to unlock capital and support future growth
NSE-listed NDR InvIT Trust on Monday announced the acquisition of MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at Rs 143.9 crore. The Grade-A warehousing asset spans approximately 4.63 lakh sq ft of leasable area and is built on around 21 acres of land, and marks its strategic entry into Lucknow's logistics market, NDR InvIT said. The warehouse is currently 98 per cent occupied and leased to leading clients across FMCD, third-party logistics, retail, and paint sectors, the platform said. Located in Lucknow, along the NH 30 (Lucknow-Raebareli Road) corridor, the warehouse has seamless connectivity, while its location on the southern periphery of the city ensures efficient access to key consumption and industrial hubs across neighbouring districts, it added. The acquisition is aligned with NDR InvIT's strategy of expanding its pan-India logistics portfolio through the acquisition of high-quality, income-generating assets in key consumption markets, the compan
States such as Maharashtra, Gujarat and Tamil Nadu are preparing to launch independent InvITs
Anantam Highways Trust, backed by Alpha Alternatives, is opening a Rs 400-cr IPO to expand its Rs 5,000-cr portfolio through Dilip Buildcon's assets, third-party deals, and fund transfers
IRB Infra's Q1 FY26 profit rose 44.6% YoY to ₹202.5 crore on 8% higher toll revenue, aided by InvIT asset gains, with O&M order book set to expand after acquisitions
Crisil expects InvIT AUM to surpass Rs 8 trillion by FY27, driven primarily by acquisitions by mature trusts, with a stable credit outlook despite higher leverage levels
The SLB is structured with predefined sustainability performance targets that link interest rates to the achievement of ESG outcomes, the InvIT claimed
Vertis is an infrastructure investment trust (InvIT) backed by private equity major KKR as well as Ontario Teachers' Pension Plan (OTPP)
Reits, Invits tapped debt every 10 days in record run
The acquisition of three SPVs will expand IRB's O&M order book by Rs 3,100 crore and is part of a broader asset transfer strategy between its private and public InvIT platformsnn
Markets regulator Sebi board on Wednesday approved measures to enhance the ease of doing business for the activities of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Also, Sebi has permitted merchant bankers to carry out activities falling outside the purview of the regulator under the same firm. This is subject to certain conditions. Regarding approved regulatory framework for REITs and InvITs, Sebi said that the related parties of the REIT/InvIT and the related parties of the sponsor, investment manager/manager, and project manager would not be considered as "public" unless such related parties are Qualified Institutional Buyers (QIBs). Moreover, they would always be excluded from the "public" category irrespective of their status as QIBs. The board approved several matters that will result in amendments to the REITs as well as and InvITs Regulations 2014. Prior to this amendment, any units held by the related parties of the sponsor, ...
In FY24, the company and the InvIT recorded toll revenue of Rs 5,169 crore. The revenue growth in FY25 is significantly above the national Y-o-Y toll revenue growth of 12.5 per cent
India's warehousing sector is crucial for economic growth, supporting e-commerce, manufacturing, and the seamless movement of goods across industries, said Imad Fakhoury, IFC's Regional Director
Capital markets regulator Sebi came out with a framework for a unit-based employment benefit scheme for investment trusts -- REITs and InvITs. Under the framework, Sebi has prescribed the manner of the implementation of the scheme through a trust, the manner of receiving units by the employee benefit trust and the manner of allotment of units to the employee benefit trust by REIT (Real Estate Investment Trust) and InvIT (Infrastructure Investment Trust). In two separate notifications, Sebi said the 'unit-based employee benefit scheme' would be in the nature of the employee unit option scheme. Employee unit option scheme refers to a scheme under which the investment manager grants unit options to its employees through an employee benefit trust. The implementation of the scheme would be done through a separate Employee Benefit Trust (EB Trust) which can be created by the manager of a REIT or the investment manager of InvIT. The units held by EB Trust would be used only for the limite
Fundraise includes 7,200 crore equity commitments from existing investors
Units of Bharat Highways Infrastructure Investment Trust (InvIT) made a mild debut on Tuesday, closing 3 per cent higher on the exchanges against the issue price of Rs 100. On the NSE, units of Bharat Highways InvIT began the trade at Rs 101.10, with a premium of 1.1 per cent. It finally ended at Rs 103.10, up by 3.08 per cent. It got listed at Rs 101 per unit, a premium of 1 per cent over the issue price on the BSE. During the day, it hit a high of Rs 104 per unit and later closed 3.05 per cent higher at Rs 103.05 per unit. At the close of the session, the company's market valuation stood at Rs 4,566.70 crore on the NSE. In terms of volume, 1.54 crore units were traded on the NSE, while 4.87 lakh units were traded on the BSE, during the day. The 30-share BSE Sensex climbed 165.32 points or 0.22 per cent at 73,667.96, while NSE Nifty ended almost flat at 22,335.70, inching up 3.05 points. On March 1, the Initial Public Offer (IPO) of Bharat Highways InvIT received 8 times subscri
Bharat Highways InvIT, an infrastructure investment trust, on Tuesday said it has collected Rs 826 crore from anchor investors a day before its Initial Public Offering (IPO). The InvIT has allotted 8.26 crore units to 37 funds at Rs 100 apiece, aggregating the transaction size to Rs 826 crore, according to a circular uploaded on the BSE website. Copthall Mauritius Investment Ltd, Societe Generale, ICICI Prudential Mutual Fund, HDFC Mutual Fund, UTI Mutual Fund, Axis Mutual Fund, Reliance General Insurance Company, and Max Life Insurance Co Ltd are among the anchor investors, it showed. The Rs 2,500-crore maiden public issue of Bharat Highways will open for subscription on February 28 and conclude on March 1. The price band has been fixed at Rs 98-100 per unit. Proceeds from the issue will be utilised to provide loans to the project SPVs (Special Purpose Vehicles) for repayment of their outstanding loans. Bharat Highways InvIT is an infrastructure investment trust established to ..
Co looks to put 10 road assets for Rs 5250 crore
The road portfolio comprises 11 hybrid annuity concessions from the National Highways Authority of India (NHAI) and one toll road concession from the Uttar Pradesh State Highways Authority (UPSHA)
The companies will also establish an Infrastructure Investment Trust (InvIT) comprising renewable power assets of Mahindra Susten with an operation capacity of 1.54 GWp