In Short : Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India have collected a total of Rs 18,658 crore (approximately $2.5 billion) in the first half of the fiscal year (April to September). The strong fundraising is attributed to robust demand for infrastructure projects and the attractive returns offered by these […]
REITs, InvITs with net worth of Rs 100 cr or higher can issue CPs: Sebi – EQ Mag Pro
Capital markets regulator Sebi on Thursday allowed emerging investment vehicles, Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), to issue commercial papers This is subject to certain conditions, the Securities and Exchange Board of India (Sebi) said in two separate circulars. The move came after Reserve Bank Commercial Paper Directions last month indicated […]
Virescent floats first solar InvIT, places 400 Mw assets under Pvt trust
InvIT to hold nine solar energy projects of 400 MWp in five states; definitive agreements signed for 76 MWp KKR backed Virescent Infrastructure has floated the first infrastructure investment trust (InvIT) in the green power space. It will be a private Invit for which they have sought the approval for the Securities Exchange of India. It is […]
KKR to float private InvIT in bid to house renewable assets
InvITs manage income-generating infrastructure assets offering regular yield to investors This will be the second InvIT backed by KKR in India Private equity firm KKR is setting up a private infrastructure investment trust (InvIT) to house operating renewable energy assets it aims to acquire in India, said two people aware of the development, requesting anonymity. InvITs manage […]
InvITs seen gaining traction as foreign investors hunt for yield
For foreign investors, InvITs have become an efficient way of investing in operating infrastructure assets Invits are an efficient way to own operating infra assets as distribution of 90% of cash flows is assured via regulation Infrastructure investment trusts (InvITs) seem to be finally catching on with investors, especially private equity funds and long-term capital providers such as […]