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IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore debt and improve cash position, [...]

June 2, 2019 Loknath Das Real Estate Comments Off on IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Can Renta Corporación Real Estate, S.A. (BME:REN) Maintain Its Strong Returns?

Can Renta Corporación Real Estate, S.A. (BME:REN) Maintain Its Strong Returns?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). We’ll use ROE to examine Renta Corporación Real Estate, S.A. (BME:REN), by way of a worked example. Over the last twelve months Renta Corporación [...]

May 27, 2019 Loknath Das Real Estate Comments Off on Can Renta Corporación Real Estate, S.A. (BME:REN) Maintain Its Strong Returns?

Modi 2.0―A stable government likely to further boost Indian real estate

Modi 2.0―A stable government likely to further boost Indian real estate

The Modi Government in its first term is credited for bringing some landmark steps to vitalise and boost the Indian real estate industry. Real Estate [Regulation and Development] Act (RERA), demonetisation, real estate investment trust (REIT) and GST have been instrumental in bringing the industry towards more organisation, transparency and structure. The government has also [...]

May 26, 2019 Loknath Das Real Estate Comments Off on Modi 2.0―A stable government likely to further boost Indian real estate

Real Estate business is doing well: Adi Godrej; Godrej Group

Real Estate business is doing well: Adi Godrej; Godrej Group

Adi Godrej, Chairman, Godrej Group, talks about the fourth quarter results of the company, expectation from election results and its acquisition plans during an interview with Anurag Shah, Zee Business. Excerpts: Q: What can be the reason behind the decline in your chemical and crop protection business? And, what is your take on the overall [...]

May 14, 2019 Loknath Das Real Estate Comments Off on Real Estate business is doing well: Adi Godrej; Godrej Group

Private equity funding in real estate spikes but fewer developers raking it in

Private equity funding in real estate spikes but fewer developers raking it in

India’s real estate market, which has attracted top dollars from global and domestic investors over the years, is going through an interesting phase where each asset class in the segment has taken a journey of its own. The residential real estate segment, for instance, is emerging from the much-needed regulatory reform of Real Estate (Regulation [...]

May 13, 2019 Loknath Das Real Estate Comments Off on Private equity funding in real estate spikes but fewer developers raking it in

Eight Ways To Stay On Top Of Real Estate Technology Changes

Eight Ways To Stay On Top Of Real Estate Technology Changes

Technological disruptions are happening more frequently, and to every industry. When you are focusing on managing the relationships you have with your clients while also staying up to date on trends in the market, it may seem like there isn’t enough time to keep up with what’s new in technology as well. However, it’s important [...]

May 10, 2019 Loknath Das Technology Comments Off on Eight Ways To Stay On Top Of Real Estate Technology Changes

Backed by real estate giants, Housr enters India’s fast growing co-living market

Backed by real estate giants, Housr enters India’s fast growing co-living market

Housr, the newest entrant in the co-living industry, announced its operations on Tuesday. Founded by two real-estate veterans, Deepak Anand and Kalpesh Mehta, Housr is a super aggregator of properties, which creates experiences, fosters communities through state-of-the-art technology-enabled co-living spaces. Housr has received investment from marquee real estate veterans like Abhishek Lodha, MD & CEO, [...]

April 30, 2019 Loknath Das Real Estate Comments Off on Backed by real estate giants, Housr enters India’s fast growing co-living market

Real Estate: Plotting A Revival

Real Estate: Plotting A Revival

The long winter for the real estate sector may finally be giving way to the green shoots of spring. Hobbled by a protracted period of stagnation and capital woes, the sector is showing signs of coming off a long bend in the road. This is true of, at least as far as its biggest player, [...]

April 29, 2019 Loknath Das Real Estate Comments Off on Real Estate: Plotting A Revival

UP RERA rejects applications of 36 real estate projects

UP RERA rejects applications of 36 real estate projects

Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has rejected applications of nearly three dozen commercial and residential real estate projects located in Lucknow, Gautam Buddha Nagar, Ghaziabad, Varanasi, Agra, Bareilly and Meerut as the concerned developers had not completed the formalities or the requisite documentation required for registration, top UP RERA officials said. The [...]

April 23, 2019 Loknath Das Real Estate Comments Off on UP RERA rejects applications of 36 real estate projects

Moscow Real Estate Prices Among World’s Fastest-Growing

Moscow Real Estate Prices Among World’s Fastest-Growing

Moscow’s real estate costs rose at some of the highest rates in the world last year, the global real estate and investment firm CBRE Group said Thursday. The city of some 12.5 million people has seen its cost of living fall this year and it ranked outside the world’s 50 most expensive cities last year. Moscow’s 8.9 percent growth [...]

April 13, 2019 Loknath Das Real Estate Comments Off on Moscow Real Estate Prices Among World’s Fastest-Growing

PEs bet on Hyderabad office real estate

PEs bet on Hyderabad office real estate

BENGALURU: Hyderabad is attracting large institutional investors like Blackstone, Xanderand Ascendas India Trust as they look to tap the growing commercial market in the region. The city saw a sudden burst in investments in 2018, attracting more than $1.1 billion of private equity, a more than three-fold increase in investments compared to the collective previous threeyear period, according to ANAROCK Property Consultants. This growth spurt [...]

April 12, 2019 Loknath Das Real Estate Comments Off on PEs bet on Hyderabad office real estate

Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr

Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr

Motilal OswalNSE 4.26 % Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, has achieved the second close of its fourth real estate fund – India Realty Excellence Fund IV (IREF IV) – with commitments totalling Rs 850 crore. It has raised funds mainly from high-net-worth individuals and family offices. “We have raised [...]

April 6, 2019 Loknath Das Real Estate Comments Off on Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr