The insurance regulator on Thursday allowed insurance companies to invest in debt securities of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs). Earlier, insurance companies were only allowed to in units of InvITs and REITs. This decision has been taken by the Insurance Regulatory and Development Authority of India (Irdai) post the passage of the Finance Bill, which had proposed permitting trusts to issue debt securities. The regulator has said, insurers can invest in debt securities of InvITs and REITs that are rated not less than “AA” under the “approved investment” category. In the event of a subsequent downgrade, the instrument will become part of their “other investments”.
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Opinion: Every government has a choice - this one could ban cuckoo funds from buying up Irish homes
Pitting first-time buyers against cuckoo funds is a recipe for disaster, writes Cian O’Callaghan of the Social Democrats. By Cian O Callaghan Thursday 22 Apr 2021, 9:02 AM 1 hour ago 6,235 Views 19 Comments Cian O Callaghan Social Democrats TD Dublin Bay North
LARGE INTERNATIONAL INVESTMENT funds and Real Estate Investment Trusts (REITs) – or cuckoo funds – are currently buying up houses and especially apartments en masse.
This is pushing up prices and putting new homes beyond the reach of many people.
According to the Construction Industry Federation, in
Rexford Industrial Announces First Quarter 2021 Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Home / Top News / SL Green Realty Corp. Reports First Quarter 2021 EPS of $(0.11) Per Share; and FFO of $1.73 Per Share
SL Green Realty Corp. Reports First Quarter 2021 EPS of $(0.11) Per Share; and FFO of $1.73 Per Share
Financial and Operating Highlights
Net income attributable to common stockholders of $(0.11) per share for the first quarter of 2021 as compared to $1.51 per share for the same period in 2020. Net income attributable to common stockholders for the first quarter of 2020 included $72.3 million, or $0.90 per share, of net gains recognized from the sale of 315 West 33rd Street, also known as The Olivia, and $37.7 million, or $0.47
per share, of incremental income from Credit Suisse at One Madison Avenue.
Rexford Industrial Announces First Quarter 2021 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.