REIT News
Sattva Group, Blackstone-backed Knowledge Realty Trust REIT raises ₹1,400 cr in pre-IPO round
Knowledge Realty Trust has raised ₹1,400 crore from investors before its IPO, aiming to raise ₹6,200 crore. The REIT will be India's largest in terms of Net Operating Income and Gross Asset Value, with a portfolio of 30 prime office assets across major cities.
2 min read18 Jun 2025Blackstone buys Kolkata's South City Mall for ₹3,250 crore
The deal between Blackstone Group and South City Projects took around nine months to close, and property consultancy Anarock Group was the transaction advisor.
1 min read17 Jun 2025Brookfield Asset Management expects India assets to swell to $100 billion in five years
Of the $30 billion portfolio in India, $12 billion each is in infrastructure and real estate, while renewable power and transition, and private equity and Brookfield special investments are at $3 billion and $3.6 billion, respectively.
2 min read22 May 2025Mint Primer: Will the Strata crisis hit small & medium Reits?
Sebi asked investors to exercise caution due to legal proceedings against the Strata SM Reit promoter.
2 min read17 May 2025Why fractional real estate platform Strata surrendered its Sebi licence
Strata has surrendered its SM Reit licence amid escalating disputes over a warehouse project in Hosur. Investor funds remain stuck as construction delays, rent losses, and alleged conflicts of interest come to light.
5 min read14 May 2025India office Reits report higher FY25 income, leasing on strong GCC demand
The turnaround in the Reit space comes at a time when gross leasing of commercial office space touched a historic high of 79 million sq. ft in 2024, as per property advisory CBRE India. The January-March period of 2025 saw 18 million sq. ft of gross leasing.
4 min read8 May 2025Sebi’s big bet on REITs, InvITs—are we fixing what isn’t broken?
Sebi’s proposal to double mutual fund exposure to REITs and InvITs aims to deepen long-term capital flows—but with thin volumes, few listings, and limited investor appetite, the move may be solving a problem that doesn’t yet exist.
3 min read30 Apr 2025Why India's collective investment tax rules need an overhaul
A look at how India’s tax rules for collective investment schemes create arbitrage — and why reform is overdue.
4 min read21 Apr 2025Sebi plans raising MF exposure limit in REITs, InvITs; experts flag tax concerns
Sebi's proposal to enhance mutual fund investment in REITs and InvITs is seen as beneficial for market growth. But experts raised concerns over liquidity and tax implications. They advocate for improved disclosures and potential reclassification to protect investors while adopting global practices.
4 min read20 Apr 2025Robust demand for office spaces to give occupancies a leg-up
Demand for commercial properties continues to be led by global capability centres (GCCs), rising traction in flexible workspaces, and IT/ITes.
2 min read18 Mar 2025