REITs

Brookfield India Real Estate Investment Trust (REIT) and Singapore's sovereign wealth fund GIC have formed an equal partnership to acquire two large commercial properties totaling 6.5 million square feet from Brookfield Asset Management's private real estate funds.

Embassy Business Hub, a Bangalore office building of 1.4 million square feet, will be acquired by Embassy Office Parks REIT for Rs 3,348 million (USD 41 million).

Mindspace Business Parks REIT has been designated a Great Place To Work for the second year running.

Embassy office parks REIT has dedicated over Rs 300 crores to its ESG program throughout its pan-India portfolio of 43.6 million square feet.

Bajaj Housing Finance has extended a INR 1000 Crore term loan to Embassy Office Parks REIT, India's first publicly traded real estate investment trust and Asia's biggest by area.

How Can REITs Help You Invest in Commercial Real Estate Even With Limited Capital? Find Out With The Ultimate Guide to REITs in India

Since the capital markets regulation allowed REITs to employ commercial papers in 2022, K Raheja Corp's Mindspace Business Parks REIT is India's first to do so.

Mindspace Business Parks REIT has built a brand-new school for the children of Gambhiraopet, a village in the Telangana district of Sircilla.

The Leasable Area of Listed Real Estate Investment Trusts - REITs in India Increases in 2022

Embassy Office Parks REIT has committed to achieving net zero carbon emissions throughout its operating portfolio by 2040, three decades ahead of India's 2070 objective announced at the Glasgow COP26 meeting in 2021.

On February 10, 2022 Mindspace Business Parks REIT announced a 3.8 percent rise in quarterly and nine-month net operating income to Rs 371.5 crore for the quarter and nine months ended December 31, 2021.

According to informed sources, Embassy Office Parks REIT would invest close to Rs 900 crore to create nearly two million square feet of office space in Bengaluru's Embassy Tech Village. This development is being spearheaded by Embassy Office Parks REIT.

Embassy Office Parks REIT Acquires ROFO (Right of First Offer) For a Property in Chennai

The Embassy REIT Series IV NCDs 2021 are proposed to be listed on the wholesale debt market of the BSE. The tenure of the NCDs is five years with a coupon rate of 6.80% per annum.

The recently introduced Real Estate Regulatory Act or RERA has a mandate to bring about the much-needed transparency and accountability in India’s massive realty domain. The added transparency is also expected to boost the real estate industry’s stock