August 30, 2008 – 5:04 am
Real estate investment division of JP Morgan Chase is possibly to pick up about 18% stake in Core Hotels Ventures for one hundred crore rupees with the Foreign Investment Promotion Board clearing the proposal.
The suggestion of J P Morgan India Property Mauritius Company II will now go to FM P Chidambaram for final authorization.
By rajani
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Posted in Property News
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Also tagged Asset Management, Final Authorization, Foreign Investment Promotion Board, Hotel Maintenance, Hotels In Hyderabad, India Property, Investment Banking, Investment Promotion Board, J P Morgan, Jp Morgan, Jp Morgan Chase, Private Banking, Realty
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August 12, 2008 – 4:23 am
With the stock markets down in India, the realty market here offers a reliable investment avenue.
There are three reasons why NRIs invest in India — they remit money for family expenses or investments or for maintaining their bank accounts and investments here.
According to RBI records, NRIs’ annualised remittances to India have grown from $26 billion [...]
By rajani
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Posted in Property News
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Also tagged Ahmedabad, Asset Class, Bank Accounts, Dlf, Family Expenses, Goa, Investment Destination, Investments, Joshi, K Raheja, Mumbai, Non Residents, Prominence, Real Estate Investment Company, Realty Market, Remittances, Stock Markets
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Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more [...]
By rajani
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Posted in Property News
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Also tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Land, Mumbai, Ncr, Pune, Real Estate, Residential Property, small developers
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Ishaan Real Estate Plc. swung to full-year pretax loss because of the cost of investment advisory fees and provision for promote fees to be paid to the investment adviser.
However, it said it remains confident of continuing with the improvement made on assets development and also the pre-letting of the projects already initiated within its portfolio.
For [...]
Prudential Real Estate Investors on 17th june pronounced that it has launched a joint venture with Beekman Helix India Partners LLC (BHI) to invest in real estate in India. Through its fresh private equity real estate podium, the venture strategy to embark on a plan to make real estate funds for institutional clients.
Prudential Real Estate [...]
By rajani
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Posted in Property News
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Also tagged Delhi Ncr, Gurgaon, India, Prudential Financial, Prudential Financial Inc, Prudential Forms JV, Prudential Real Estate Investors, Real Estate, Real Estate Investment Companies, Real Estate Investment Management, Residential Development
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MUMBAI: It’s second-time unlucky for Indian realtors hoping to garner some desperately needed cash by floating their real estate investment trusts in Singapore.
On 5th june, Indiabulls Real Estate said its plans to float a Reit to mop up $286 million is being extended. Analysts said this was due to very poor response from retail investors.
The [...]
By rajani
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Posted in Property News
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Also tagged Ajit, Daiwa Institute Of Research, Daiwa Institute Of Research Singapore, Elphinstone, Indiabulls, Investment Trust, Mittal, Real Estate Investment Trusts, REIT, Retail Investors, Unitech India
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Trashing the age-old belief that a fall in equities would result in flattening real estate prices, high net worth investors (HNI) are pushing wealth advisers for more exposure to realty assets.
According to industry sources, the coming months are expected to witness the launch of real estate portfolio management services (PMS) by wealth managers. Though the [...]
The global sub-prime crisis will this year have the greatest impact on “mature” property markets in the Asia-Pacific region, leading to an overall decline in investments, international property consultant Jones Lang LaSalle predicted Tuesday. Direct commercial real estate investment in Asia Pacific reached a new high of 121 billion dollars in 2007, up 27 per [...]
MUMBAI: The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have [...]
DLF Assets, the property fund of DLF Ltd, plans to launch an initial public offer of its office trust in Singapore by June to raise over Rs 8,000 crore. DLF is India’s leading real estate company in terms of market evaluation.
By rajani
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Posted in Property Articles, Property Events
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Also tagged Commercial Projects, De Shaw, Dlf, Estate Investment Trust, Global Investment, Investment Firm, Lehman Brothers, Real Estate Investment Trust, Realty Company, Singapore Authority
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Pacific Star, a Singapore-based Asian Real Estate Investment house, says it is raising $2 billion for its new Asia Fund Select Concept Fund. The fund will be the first of its kind in real estate investment, being open-ended and targeted at institutional global investors.
By rajani
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Posted in Property News
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Also tagged Asia Fund, Asia Markets, Asian Markets, Beijing, Economic Fundamentals, Estate Projects, Global Investors, Institutional Investors, Jakarta Office, Japan Korea, Pacific Star, Southeast Asia.
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February 25, 2008 – 8:56 am
HONG KONG ING Group NV’s asset management unit Monday launched a fresh Asia real estate fund in Hong Kong that invests in listed real estate securities across the region.
Most of the portfolio will be invested in real estate companies and real estate investment trusts, ING said. The fund is at first being offered only to [...]
February 18, 2008 – 2:45 am
With banks lowering housing loan rates and RBI signaling a downhill fashion in property prices, investors have a cause to smile. After all, they can now go ahead and buy that, in demand piece of property, feeling a little less culpable about not making the investment when rates were much lesser.
For all those who cannot [...]
February 16, 2008 – 5:44 am
MUMBAI – Property developers are expected to turn overseas to list Real Estate Investment Trusts (REITs) as proposed local rules favour funds and small investors rather than real estate companies, officials said.
Developers are hoping to recover costs by selling properties to REITs in which they hold a controlling stake. However, draft rules, which restrict ownership [...]
February 2, 2008 – 4:27 am
NEW YORK: There is a very well-built interest in China and India but US real estate maintains at top of the worldwide property market ventures among foreign investors, according to the annual review by the Association of Foreign Investors in Real Estate (AFIRE).
There is a meaning in the findings since Washington-headquartered AFIRE always finds it [...]
By rajani
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Posted in Property News
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Also tagged Bangalore, Credit Crunch, Dominance, Foreign Investors, International Investors, Investment, London Paris, Merrill Lynch, Mumbai, Promising Markets, Real Estate Sector, Shanghai., Worldwide Cities
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February 1, 2008 – 1:38 am
30 January, 2008, New Delhi: DLF Ltd. has reported a quarterly consolidated net profit of 21.45 billion rupees ($544.4 million) on Wednesday. It assured that the growth will remain robust on strong demand. Mr. Rajiv Singh, Vice Chairman, told the reporters “There is no decrease in demand. People have realized that while interest rates may [...]
January 12, 2008 – 7:56 am
Real estate is expecting $400-500 million worth of FDI flow. These expectations are being guided by the going on trends in investment industry. Investors and developers are showing their interests in metros as well as in smaller cities too. Investments are going on in Bangalore, Delhi-NCR, Mumbai and Pune because of the [...]
By rajani
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Posted in Property News
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Also tagged Credit Suisse, Delhi Ncr, FDI, Foreign Direct Investment, Foreign Investors, Global Investment Bank, Goldman Sachs, India Chapter, Investment Destinations, Investment industry, Lj Hooker, Malaysia And Singapore, North India, Real Estate Developers, Real Estate Investors, Real Estate Sector, Realty Stocks, South East Asia, Special Purpose Vehicle
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