REIT

REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchanges Kolkata: The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand...

The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offer New Delhi: The Initial Public Offering (IPO) of Nexus Select Trust, the first REIT backed by rent yielding retail real estate assets, was subscribed 28 per...

Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets New Delhi: Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised...

The company will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT IPO and this includes fresh issue of units worth up to Rs 1,400 crore and an offer for...

Nexus Select Trust has acquired 17 shopping malls since the 2015-16 fiscal year and intends to grow its business inorganically New Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust plans to double its portfolio of shopping malls in the next...

DLF has no plans to launch public offer of REIT in the next one year to monetise its rent-yielding commercial properties New Delhi: Real estate major DLF has no plans to launch public offer of REIT in the next one...

The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities  New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...

The government proposed to tax income distributed by business trusts like REITs and InVITs New Delhi: Seeking to widen the tax base, the government on Wednesday proposed to tax income distributed by business trusts like REITs and InVITs in the form...

The Nexus Select Trust REIT is backed by Blackstone. The USD 500 mn public issue will hit the market in the first half of 2023 calendar year New Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with...

Real estate has been one of the oldest and preferred investment avenues for the investor segment. In India, real estate is preferred due to its tangible nature, stable income, steady returns and collateral value. These investments have undergone a...