Embassy REIT Reports 12% y-o-y Increase in Net Operating Income for FY 2021 April 30, 2021– Embassy Office Parks REIT, India’s first listed REIT and the largest in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2021. Michael Holland, Chief Executive Officer of Embassy REIT said, “Despite …
Embassy REIT Reports 12% y-o-y Increase in Net Operating Income for FY 2021Read More »
Private Equity Inflows In India Realty Up 19% In FY21, Portfolio Deals Lead April 16, 2021- Despite the challenges thrown in by the outbreak of Covid19 pandemic, Indian real estate has recorded a 19% on-year jump in private equity investments in financial year 2020-21 at over $6.2 billion, the highest level since financial year 2015-16, …
Private Equity Inflows In India Realty Up 19% In FY21, Portfolio Deals LeadRead More »
$36 Billion Worth Of Real Estate Could Be Listed Under REITs In India: JLL (The Economic Times) March 26, 2021 – India’s Real Estate Investment Trust (REIT) market is set to enter a period of prolonged growth, with more REITs forecast to be listed in 2021 and beyond, said a report released by JLL. The …
Brookfield REIT IPO: Issue Subscribed 77% On Day 2 (Economic Times) February 5, 2021- The initial public offer (IPO) of Brookfield India Real Estate Trust was subscribed 77 per cent by the end of the second day of bidding today, driven largely by corporate and individual investors. The issue received applications for 58,818,600 units by …
Brookfield REIT IPO: Issue Subscribed 77% On Day 2 (Economic Times)Read More »
Brookfield India REIT Raises Rs 1,710 Crore (US$23.4 Million) From 39 Anchor Investors (The Economic Times) February 4, 2021 – Canadian alternative investment major Brookfield Asset Management-backed Brookfield India Real Estate Trust has raised Rs 1,710 crore from 39 anchor investors including global institutional investors, insurance companies, mutual funds and long-only funds. Global entities including …
India’s DLF Appoints Morgan Stanley, KPMG As Consultants To REIT (Deal Street Asia) February 1, 2021- The rental arm of DLF Ltd., India’s largest real estate firm has appointed Morgan Stanley and KPMG as advisors as it prepares to build a REIT, which could provide a boost to the country’s emerging REIT market, according to …
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JLL Announces New CEO for India Business January 19, 2021- Global property consultant JLL said its India CEO and Country Head Ramesh Nair is leaving the company and announced the appointment of Radha Dhir as the new CEO. “India CEO Ramesh Nair is leaving JLL to pursue opportunities outside the firm. He is succeeded by …
India’s Embassy Office REIT Says 2021 Will Be a Better Year (Bloomberg) January 11, 2021 – Embassy Office Parks REIT CEO Michael Holland said in a Bloomberg interview that he is expecting a pick up in office demand in India in the coming months. “The customer base for our type of office product and therefore …
India’s Embassy Office REIT Says 2021 Will Be a Better Year (Bloomberg)Read More »
Embassy REIT Raises Rs. 36.8 Billion (US$ 501 Million) Unit Capital Through an Institutional Placement of Units (Business Wire India) December 23, 2020 – Embassy Office Parks REIT, India’s first listed REIT and one of the largest in Asia by area, announced that it has successfully completed a unit capital raise of Rs. 36.8 billion ($501 …
India’s Embassy REIT Aims to Raise US$500 Million QIP to Fund Embassy Tech Village Acquisition (Mint) December 16, 2020 – Embassy REIT, India’s first public listed real estate investment trust, plans to raise USD $500 million through a qualified institutional placement (QIP) to fund its acquisition of commercial asset Embassy Tech Village (ETV) in Bengaluru, …
