Page 2 - Reit

One Reit may enter market annually for next 3-5 years, says IRA chief

The Indian REIT sector is poised for expansion with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence

Brigade Group targets 15% pre-sales growth to ₹9,000 crore in FY26

Brigade Group targets Rs 9,000 crore in pre-sales for FY26, plans 10 million sq ft of office space in five years and may consider REIT to monetise its commercial portfolio

Reit penetration in office market can reach 25-30% by 2030: Colliers India

Colliers report highlights 371 mn sq ft of Grade A office stock in India holds REIT potential, led by Bengaluru and Hyderabad, with demand from GCCs and BFSI firms driving growth

Mindspace Reit raises Rs 550 cr via sustainability-linked bonds from IFC

Mindspace Reit has raised Rs 550 crore through sustainability-linked bonds from IFC, the World Bank Group arm, in the first issuance under Sebi's new ESG framework

REITs promise stable income, but investors must brace for volatility

REITs invest mostly in offices and malls and are regulated by the Securities and Exchange Board of India (Sebi)

Not trying to make quick money; India long-term bet for us: CLINT ED & CEO

Over the next four to five years, we expect to go from 22 msf to about 33 msf, says Nagabhushanam

Blackstone-backed KRT gets Sebi approval to launch ₹4,800 cr REIT-IPO

Sattva Group and Blackstone-backed Knowledge Realty Trust (KRT) receives Sebi approval to launch a ₹4,800 crore REIT-IPO, following a ₹1,400 crore pre-IPO placement

Mindspace REIT buys Hyderabad office asset for Rs 512 cr at 11% discount

Property takes Mindspace REIT's portfolio to 37.9 msf and adds Rs 53.5 cr to its net operating income

Real estate deals drop 8% in Jan-Jun to $2.5 billion: Grant Thornton Bharat

Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at USD 2.5 billion, compared to 40 deals worth USD 2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. "While overall deal values moderated, institutional capital continues to

India's four listed Reits distributed 13% additional funds in Q4 FY25

India's four listed Reits distribute over ₹6,000 crore in FY25 amid strong NOI and rising investor confidence, with Embassy Reit leading the pack at ₹2,181 crore

Sebi warns investors as Strata exits SM REIT framework post legal row

Strata, with Rs 2,000 crore AUM, had not launched SM REIT schemes before surrendering its registration following Sebi discussions and legal proceedings

Mindspace Reit to raise Rs 1,800 crore through debt securities, CPs

Board committee approves Rs 1,800 crore fundraise plan via non-convertible debt and commercial papers amid rising NOI and strong leasing growth in FY25

Blackstone-backed Nexus Select's mall play: To double count in 3-4 years

Company in talks with IFC for Rs 2,000 crore green funding

Knowledge Realty posts Rs 1,632 cr NOI in H1 FY25, set to be largest REIT

Sattva Group and Blackstone sponsored Knowledge Realty Trust has posted a net operating income of Rs 1,632.38 crore in the first half of this fiscal while its asset value stood at nearly Rs 60,000 crore at September-end 2024. On Thursday, Knowledge Realty Trust (KRT) filed the Draft Red Herring Prospectus (DRHP) with SEBI to launch its REIT public issue for raising up to Rs 6,200 crore. The company will issue units through Initial Public Offer (IPO) and list the REIT on stock exchanges as part of its strategy to monetise prime office assets across six major cities. "We own and manage a high-quality office portfolio in India, and upon listing, we will be the largest office REIT in India based on Gross Asset Value of Rs 594,450 million as of September 30, 2024 as well as by Net Operating Income (NOI) for H1, FY25 of Rs 16,323.82 million, and the second largest by NOI for 2023-24 of Rs 28,820.83 million," KRT said in theHP. The Trust said it will also be the second largest office REIT

Sebi mulls framework to fast track follow-on offer by REITs, InvITs

Markets regulator Sebi on Thursday proposed a framework for undertaking fast-track follow-on offers by REITs and InvITs to make fundraising more efficient. Additionally, the regulator has proposed a lock-in provision of three years for preferential issue of units of REITs ((real estate investment trusts) and InVITs ((infrastructure investment trusts) allotted to sponsors. The Securities and Exchange Board of India (Sebi) has sought public comments by March 13 on the proposals. In its consultation process, Sebi proposed that 15 per cent of the units allotted to sponsors and sponsor group will be locked-in for a period of three years from the date of trading approval granted for the units. Further, the remaining units allotted to them will be locked-in for a period of one year from the date of trading approval granted for the units. With regards to follow-on offer, Sebi said that the FPO is one of the mechanisms for raising funds subsequent to issue of units after initial public ...

Four listed REITs distribute Rs 1,505 crore to unitholders in Q3

The distributions rose by nearly 17 per cent from Rs 1,289 crore distributed in Q3 FY24

Mindspace REIT Q3 results: Net operating income rises 8% to Rs 522 cr

Mindspace Business Parks REIT Q3FY25 results: Company declared a distribution of Rs 315 crore for the October-December quarter

Lionel Messi holds IPO for real estate assets, portfolio valued at $232 mn

His arrival in Miami has sparked a boom in interest and business for his Inter Miami team and more broadly for MLS, the main US football league

K Raheja Investment pays Rs 68.73 lakh to settle Reit norms case with Sebi

K Raheja Investment Managers on Thursday settled with capital markets regulator Sebi a case on alleged violation of REIT rules by paying Rs 68.73 lakh towards settlement fee in the matter of Mindspace Business Parks REIT. K Raheja Investment Managers LLP (now known as K Raheja Corp Investment Managers Pvt Ltd) is the manager of Mindspace Business Parks REIT. Mindspace Business Parks REIT, sponsored by K Raheja Corp group, was listed on the Indian bourses in August 2020. It owns office portfolios in the Mumbai Region, Pune, Hyderabad, and Chennai. The settlement order came after the noticee (K Raheja Investment Managers LLP) proposed to settle the instant proceedings initiated against it, without "admitting or denying the findings of facts and conclusions of law". The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against K Raheja Investment Managers LLP for the alleged violation of the provisions of Sebi's REIT (Real Estate Investment Trusts) rules

Property Share files offer document for Rs 353 crore IPO of its SM Reit

Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)