WebSep 10, 2015 · The election in 2014 of Prime Minister Narendra Modi helped bring REITs closer to fruition. While guidelines were issued by the Securities and Exchange Board of India (SEBI) last year on REITs and so-called infrastructure investment trusts (InvITs), some concerns of investors on the tax structure thwarted any real progress. WebApr 10, 2024 · Global private equity major Blackstone Group-sponsored Nexus Select Trust REIT, India’s maiden real estate investment trust (REIT) with retail properties, is set to launch its initial public offering to raise over ₹4,000 crore in the first week of May, said persons with direct knowledge of the development. This will be Blackstone’s third REIT in the country, …
SEBI Real Estate Investment Trust
WebMar 24, 2024 · In a relief to REITs and InVITs, the Finance Bill on Friday proposed to treat distribution from business as return of capital. While presenting the Union Budget on February 1, the government had proposed to tax income distributed by business trusts like REITs and InVITs in the form of debt repayments at the hands of unitholders. However, … WebApr 12, 2024 · Frasers Centrepoint Trust’s (FCT’s) historic gearing level has been hovering at around 33% but that may soon be history with the REIT’s next financial results. The REIT, which has a portfolio of mostly suburban retail malls across Singapore, jointly acquired a 50% stake in shopping mall Nex with its sponsor in early-2024. The stake was […] famous movers and shakers
Alert! 4 Singapore REITs with Distribution Yields of 7% and Above
Web20 hours ago · Distribution per unit (DPU) inched up 0.4% year on year to S$0.03, giving ELR’s units a trailing distribution yield of 9.2%. The industrial REIT reported encouraging … Web2 days ago · By siliconindia Wednesday, 12 April 2024, 11:26:26 AM IST. NSE Indices Ltd, a subsidiary of the National Stock Exchange (NSE), has launched India’s first-ever Real Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs) Index. The new index Nifty Reits and InvITs index aims to track the performance of Reits and InvITs ... WebApr 10, 2024 · Performance of REITs in India. As per a report, listed Real Estate Investment Trust (REITs) in India saw a 6.85% year-on-year (YoY) growth in the total leasable area. … copper utensils for cooking india