Brookfield Asset Management acquires RMZ Corp’s assets for over Rs 15,000 croreIndia’s commercial real estate clocked 11 million sq. ft. of leasing deals in the past three months and negotiations for an additional 8 mi...
20 Oct, 2020, 12.17 AM IST
Brookfield eyes RMZ Corp's assets worth Rs 12,000 crore across Chennai, BengaluruRMZ may use the proceeds of the transaction to reduce some of its debt of Rs 13,500 crore and invest in expansion. The company plans to bec...
25 Aug, 2020, 10.09 AM IST
Realty firms may raise $25 billion in 3 years through REIT listings: AnarockTheir joint venture firm Embassy Office Parks listed its rental assets on the exchanges.
09 Oct, 2019, 04.04 PM IST
Blackstone REIT’s success lures global funds to IndiaBlackstone-backed Embassy Office Parks REIT has soared about 35% since its debut in March.
22 Sep, 2019, 04.55 PM IST
When it comes to real estate rich club, China is way ahead of IndiaDLF's KP Singh, worth Rs 23,460 cr, tops India's realty rich list.
10 Oct, 2017, 11.12 AM IST
RMZ to list office portfolio next yearRMZ is in talks with Canadian Pension Plan Investment Board (CPPIB) and Qatar Investment Authority (QIA) to raise about $1 bn to expand its...
06 Sep, 2017, 01.09 AM IST
Embassy to List Select Office Assets via REITIn 2012, Embassy divested 50% in its office portfolio to Blackstone. The joint venture company, Embassy Office Parks, has 16.2 million sq f...
16 Jun, 2017, 11.33 AM IST
RMZ Corp to buy 100% stake in Essar Group's Equinox Business Park in BKCRMZ Corp will take over the Equinox Business Park that is located in Mumbai’s prime CBD at Bandra Kurla Complex and was until now operated ...
18 Jan, 2017, 04.07 PM IST
RMZ to float second JV with Qatar Investment AuthorityThe two partners look to acquire commercial spaces of over 5 lakh square feet across Bengaluru, Hyderabad, Chennai, National Capital Region...
07 Sep, 2016, 07.42 AM IST
Bengaluru-based realty player RMZ Corp in talks to raise $500 millionRMZ Corp, one of the largest commercial real estate developers in the country, is in talks with sovereign and pension funds to raise $500 m...
10 Feb, 2016, 03.21 PM IST
Realty firms, private equity funds may shelve plan to set up REITs on MAT fearReal estate developers and PE funds which were planning to set up REITs have shelved their plans fearing that MAT would make these investme...
28 Apr, 2015, 05.59 AM IST
Budget 2015: DLF, Embassy-Blackstone may rush for REIT listingsThe budget has done away with capital gains tax issue for the sponsors and allows pass-through on rental income; however, the capital gains...
02 Mar, 2015, 10.00 AM IST
Union Budget 2015: REITs listing set to become easy, with smoother investor exitsIn the 2015-2016 Union budget, the BJP government said that REITs will have partial pass through for the purpose of taxation.
28 Feb, 2015, 04.27 PM IST
Qatar, RMZ to buy BPTP's Gurgaon IT park for Rs 800 croreThis is the latest in a series of large office space buyouts by marquee global investors who want to create a portfolio of rent-yielding co...
17 Sep, 2014, 11.57 AM IST
Foreign investors push for tax breaks to list Indian REITsThese investment trusts are touted as being potential game changers for the realty and infrastructure sectors, which are facing liquidity p...
10 Sep, 2014, 12.30 PM IST
Tax incentives for REITs cheer private equity funds like Embassy-Blackstone, DLF, RMZ Corp and othersCompanies that have accumulated income-producing assets over the years such as Xander, DLF etc. are firming up plans to utilise the incenti...
12 Jul, 2014, 02.52 PM IST
- US fund to pick majority in Ritesh Properties
, US-based fund Beekman Helix has signed an agreement to acquire majority stake in all foreign direct investment-compliant real estate proj...
12 Sep, 2007, 03.53 AM IST