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REIT

REITs have strong potential in India: Experts

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

Nexus Select Trust REIT IPO subscribed 28 pc on first day of offer

The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offerNew 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 raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on Tuesday

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

Nexus Select Trust acquires 17 malls since 2016; to continue inorganic growth post IPO

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...

Blackstone’s Nexus plans to double mall portfolio in 4-5 years

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

DLF says no plans to launch REIT public offer in next 12 months

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...

CCI approves acquisition of commercial real estate assets by Nexus Select Trust

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...

Govt proposes taxation changes related to REITs, InVITs

The government proposed to tax income distributed by business trusts like REITs and InVITsNew 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...

Nexus files for India’s 1st retail REIT public issue

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 yearNew Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with...

Impact on businesses & wealth erosion expected to weigh on investment decisions of HNIs: JLL

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...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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