CREIT shines bright among Philippine REITs
Investors are particularly attracted to CREIT due to its commitment to delivering consistent and attractive dividends...
Tag : REIT
Philippine’s richest man wants to raise $176 million through REIT IPO
The company will sell up to 3.66 billion stock shares with a price cap of 2.50 pesos each....
Masdar to launch UAE’s first ‘sustainable’ REIT
The sustainable real estate investment trust is expected to have an initial valuation between Dh950 mn and Dh1 bn...
Dubai’s Manrre REIT to expand despite slump in property prices
The fund also plans lists its share on the stock exchange within the next few years...
Emirates REIT now world’s largest listed shari’ah compliant REIT
Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...
Anatomy of a real estate crowdfunding transaction
David Drake says that Fundrise takes a slightly different approach from others of its kind because it emphasises the social benefits that arise from investors having a say in the development of their own communities July 30,2014:Crowdfunding has now grown from a niche to a legitimate platform for funding projects of all kinds by raising...
G.E. Capital to Sell U.S. Real Estate Assets
GE has been selling off real estate businesses, insurance operations and overseas business stakes apparently to lessen its reliance on its finance business. 5th June 2013 G.E capital will sell some of its U.S. real estate assets and its Canadian vehicle leasing business, as part of its parent General Electric’s efforts to reduce the size...
Singapore Press Holdings to raise $ 1 Billion through REIT
The company will sell two focused properties to REIT, which will then raise about $ 540 million from the sale of 30% of its units to public investors. Singapore press holdings (SPH) is planning to rise $ 1 billion in a real estate investment trust (REIT) listing, the company said yesterday. The media company that...
LPL Financial LLC, fined $ 9 million for E-mail Violations
The penalizing of LPL is seen as a warning to businesses to ensure their business does not outgrow their compliance systems. LPL Financial LLC, the U.S. based wealth management advisory firm, with over 13,300 advisors must pay a total of $ 9 million as fine to the Financial Industry Regulatory Authorities (FINRA). They have been...