Page 9 - Reits

Irdai allows insurers to invest in debt instruments of InvITS and REITS

Securities should not be rated below 'AA' under the "approved investment" category. In case the instrument is subsequently downgraded, it will be part of "other investments"

Mindspace REIT plans to raise up to Rs 450 cr through issue of securities

Mindspace Business Parks REIT on Thursday said the company plan to raise up to Rs 450 crore through the issue of debt securities. In a regulatory filing, the company informed that the decision will be taken at a meeting on March 9. "a meeting of the executivecommittee of the manager shall be held on Tuesday, March 9, 2021, to consider and approve raising of funds by Mindspace REIT through the issue of a debt security(ies) aggregating up to Rs 450 cores by way of the private placement," the filing said. The fund could be raised in one or more tranches. Mindspace REIT, promoted by K Raheja Corp and Blackstone, got listed on stock exchanges last year after launching a public issue of Rs 4,500 crore. It owns office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad and Chennai. Mindspace REIT has a total leasable area of 29.5 million square feet. The portfolio consists of five integrated business parks and five quality independent office ass

14 mn sq ft office parks make Brookfield REIT a long-term bet, say analysts

Pandemic-led growth challenges, higher debt and valuations could cap near-term gains

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

Investors put Rs 1,709 crore in Brookfield REIT's initial public issue

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

A bank REIT will unlock value, generate liquidity and help society

5 nationalized banks' balance sheets reflects that immovable property constitutes around 0.70 per cent of their total assets

Wealthy investors rework portfolios amid sharp run-up in equities

Shift portion of investments towards real estate, credit funds

DLF's rental subsidiary plans to put 'One Horizon Center' in REIT

DCCDL is a JV between DLF - the largest publicly listed real estate company in India - and Singapore's sovereign wealth fund GIC

Indians may soon be able to tap LRS route for MF, AIF play in Gujarat IFSC

A 7-member committee recommended a host of measures for enhancing retail participation in the IFSC

New issuers advance listing plans, look to cash on market resurgence

Half a dozen IPOs could be launched in 4-6 weeks to raise up to Rs 10,000 cr

Brookfield to push ahead with $513 mn India REIT IPO by 2020-end: Report

Brookfield plans to continue gauging investor demand for three more weeks before proceeding with a retail offer, the person said

IFSCA prescribes regulatory framework for REITs and InvITs in IFSC

The International Financial Services Centres Authority (IFSCA) prescribed the regulatory framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC

REITs, InvITs can hold unitholders meeting via video till Dec 31: Sebi

Markets regulator Sebi on Thursday extended the facility for conducting extraordinary meetings of unitholders of REITs and InvITs through video conferencing and other audio-visual means till Dec 31

Decoded: How Sebi's 'risk-o-meter' grading of MF schemes helps investors

Sebi has further improvised the risk-o-meter, which will have six levels, up from five. The labels now range from 'low' to 'very high risk'

Brookfield REIT has 15 mn sq ft of call option, ROFO properties: DRHP

The REIT has a initial portfolio of 14 mn sq ft in Gurugram, Mumbai, Noida, Kolkata, mostly bought from Unitech Corporate Parks

Brookfield India Real Estate Trust files draft document with Sebi

The initiail public issue plans to raise Rs 4400 crore from investors and will be the third REIT offer after Embassy and Mindspace REITs

Brookfield REIT plans $600 mn IPO; third to be listed in India: Report

The Canadian asset manager is filing the Draft Red Herring Prospectus (DRHP), making it the third REIT to be listed in the country after Embassy Office Parks and Mindspace

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.