Tag: real estate investment trust

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Posted in Economy

Nexus Select, Runwal Enterprises form JV to develop 7.3 lakh sq ft retail mall

Blackstone-backed Nexus Select Trust, India’s maiden listed retail Real Estate Investment Trust (REIT), and realty developer Runwal Enterprises are set to enter a joint venture…

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REITs, or real estate investment trusts, own and operate office parks, malls and warehouses in India. (Reuters)
Posted in Business

RBI set to allow banks to lend directly to REITs in real-estate boost| Business News

The Reserve Bank of India plans to allow banks to lend directly to the real estate investment trusts, or REITs, to unlock fresh funding for…

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