Page 10 - Reits

Sebi eases norms for REITs, InvITs to raise fund in institutional placement

The units allotted on a preferential basis using the pricing method set out by the regulator shall be locked-in for a period of three years, as per the circulars.

Brookfield Asset Management likely to file for REIT early this week

This will be the third such REIT issue after Embassy Office Parks and Mindspace Business Parks. Both these REITS were co-sponsored by global private equity fund manager Blackstone

Mindspace Business Parks REIT commits to 100% electric mobility by 2030

The company recently raised Rs 4,500 crore in its Real Estate Investment Trust (REIT) public issue.

Private equity inflow in real estate down 85% to $866 mn in Jan-Aug: Report

The private equity (PE) inflow stood at $5,795 million in the corresponding period of the previous year

SBI MF to launch Children's Benefit Fund-Investment Plan on Sept 8

This is an open-end fund that will be part of SBI Magnum Children's Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering

Sterlite Power sells 14.7% stake in IndiGrid, HNIs for Rs 840 crore

Sterlite Power is the sponsor of IndiGrid, India's first power sector InvIT, which saw its initial offer in 2017

Mindspace REIT gains 10% on debut, units worth Rs 800 cr change hands

Hits an intra-day high of Rs 307 and a low of Rs 300 on NSE, before closing at Rs 303 a unit

Mindspace Business Parks REIT lists at 11% premium over issue price

The IPO of Mindspace Business Parks REIT was subscribed 13 times during July 27-29

Mindspace Business REIT sets price band at Rs 274-275 for its IPO

Seeks to raise up to 4,500 cr, has already received commitment worth Rs 1,125 crore from institutional investors

Sebi lets InvITs, REITS hold unitholder meetings via video conferencing

For meetings other than annual meeting of unitholders, the facility shall be available up to September 30, 2020, it added

Mutual funds investment in REITs, InvITs climbs 58% to Rs 980 cr in January

In comparison, an investment of mere Rs 7 crore was seen in REITs in January 2019 and Rs 611 crore in InvITs

Changes to Finance Bill may revive REIT, InvIT market, attract capital

According to the Budget announcement, unitholders had to pay tax on dividend income distributed by REITs/InvITs

Fast-track rights issue: Sebi comes out with guidelines for REITs, InvITs

In a circular, the regulator said listed REITs and InvITs desirous of issuing units under fast-track rights issue will have to comply with certain guidelines.

Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with

One of Sebi's key objectives is to protect investor interest and market integrity.

Sebi revises investment manager eligibility regulations for InvITs

Sebi has also allowed a combined relevant experience of at least 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity

How to tame the market? Doing simple things well is a cliche, but follow it

Don't go lock, stock and barrel on equities

Sebi plans to amend investment manager eligibility norms for InvITs

Sebi has been receiving representations from the industry and the market participants for considering alternative measures

REITs, strata sales attracting small investor to commercial real estate

Monopolised by large investors earlier, office realty can now be fragmented into smaller parcels of investments, making it easier for the small guy to take exposure

Sebi puts in place guidelines for listed REIT, InvIT on rights issue

The Securities and Exchange Board of India had first notified REITs and InvIT Regulations in 2014

As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year