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REIT BRAND PRESENCE
$500 monthly tax-free income possible for Canadians using a TFSA and $95,000 investmentCanadians looking for passive income may use a TFSA to earn tax-free monthly cash. By investing around $95,000 in two high-yield dividend s...
Reema H. Kundnani quits Brookfield PropertiesWith over 26 years of experience across real estate and technology, Kundnani played a pivotal role in strengthening Brookfield’s India busi...
WeWork India and Studds Accessories get Sebi nod to raise funds via IPOWeWork India, a top premium flexible workspace provider, has received SEBI approval for its IPO, which includes an Offer for Sale of up to ...
WeWork India gets SEBI nod for IPO; set to launch offer for saleWeWork India gets the green light from SEBI for its initial public offering. The IPO involves an offer for sale of over 43 million equity s...
Nexus Select Trust acquires Ludhiana mall, hotel for Rs 490 croreNexus Select Trust has acquired the MBD Complex in Ludhiana, comprising a mall and a hotel, for Rs 531 crore. This acquisition, financed by...
Nexus Select Trust to acquire Ludhiana mall, hotel for Rs 490 croreNexus Select Mall Management's board has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel MBD in Ludhiana for Rs 490 cr...
Blackstone-backed Nexus Select acquires Vega City mall in Bengaluru for 913 crNexus Select Trust, a Blackstone Group-backed retail-focused REIT, has acquired the Vega City mall in Bengaluru for Rs 913 crore, boosting ...
Nexus to add three malls in portfolio with an investment of Rs 1,000 croreNexus Select Trust, India's first publicly listed retail REIT, is looking to invest Rs 1,000 crore in acquiring three malls in Hyderabad to...
Nexus Select Trust REIT issue closes with 5.74 times subscriptionNexus Select Trust's Rs 3,200-crore Initial Public Offering (IPO) that aims to establish India's first retail assets-led Real Estate Invest...
Nexus Select Trust looks to add 1.5 million sq ft retail assets each year for next 3-5 yearsNexus Select Trust, India's first retail assets-led real estate investment trust, plans to increase its portfolio by 1.5 million sq ft annu...
Blackstone's Nexus Select REIT files offer document for Rs 3,200-cr IPOThe portfolio is 96% leased with a diversified tenant base of over 1,000 national and international brands like Apple. Zara, H&M, Uniqlo, S...
Blackstone-backed Nexus Select Trust plans to double shopping mall portfolio in 4-5 yrs through acquisition modeNexus Select Trust will be the first REIT with rent-yielding retail real estate assets. There are around 3,000 stores across 17 shopping ma...
Blackstone-backed Nexus Select Trust likely to launch retail REIT IPO in early May to raise Rs 4,000 crNexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering a 9.8 million square feet area valued ...
Nexus REIT plans to float '4,000-crore IPO in MayNexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities in India, covering 10 million sq ft of retail sp...
Retailers leased 4.7 million sq ft in 2022: CBREExperts feel leasing in 2023, could outpace even the 2019 level when retailers cumulatively took up a record 6.8 million sq ft of new space...
Chennai leads retail realty growth in H1 2018International, as well as domestic retail players, were active in the leasing space during the period.
Chennai leads retail space growth in first halfIndia’s top seven cities witnessed an addition of about 1.9 million sq ft of fresh supply led by Chennai, Hyderabad and the National Capita...
Reforms to drive investments in realty: Calvin Frese, Jr"In our view, all these steps taken by the government to facilitate investment are likely to have a positive 'trickle down' effect on the c...
REIT-eligible commercial realty market in India estimated at $43-$54 bn: ReportIt is estimated that approximately 315 million sq ft of office inventory is eligible for REIT across cities.
Ascott partners Puri Constructions to manage serviced apartments"We are developing a serviced apartment project comprising 174 units near Dwarka Expressway. We have given the management contract to Ascot...