Tag Archives: REIT

Indiabulls REIT Drops Ten Per Cent on Singapore Debut

June 13, 2008 – 6:22 am

An uninspiring opening and an even worse close towards the end of the day marked Indiabulls Properties Investment Trust’s debut on the Singapore Exchange on 11th june.
During the day, it went down to as low as 0.88 cents and closed 10% below the issue price of S$1. The stock could not breach its issue price [...]

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Sub-Prime Shadow on Indian Realty

April 24, 2008 – 10:30 am

The turmoil in the global financial markets has cast its shadow on India’s largest real estate deal. Delhi-based developer BPTP Ltd, which was banking on overseas institutions to fund the acquisition of 94 acres of prime land at Noida for Rs 5,006 crore, has sought an extension to pay the first installment of the money.

By rajani | Posted in Property News | Also tagged , , , , , , , , | Comments (2)