Business Trust in India

Sasseur REIT Wins Highly Esteemed Corporate Excellence and Resilience Award at Singapore Corporate Awards and Two Awards at The Global Good Governance Awards

Monday, November 22, 2021 - 8:00am

Ms Cecilia Tan, CEO of SAMPL, said, "We are extremely delighted and gratified to receive this highly esteemed Singapore Corporate Awards.

Key Points: 
  • Ms Cecilia Tan, CEO of SAMPL, said, "We are extremely delighted and gratified to receive this highly esteemed Singapore Corporate Awards.
  • This has been a bumper year for Sasseur REIT where to-date the REIT has received four awards in recognition of its excellence in corporate governance and investor relations efforts, and witnessed marked improvement in its rankings in two well-known corporate governance indices.
  • Companies are screened based on several metrics, including Corporate Governance, Financial Resilience, Strategic and Operational Excellence and People Management.
  • Sasseur REIT was recognised for its high standards of corporate governance, despite being a relatively young REIT on the SGX.

KKR-Sponsored Virescent Infrastructure Raises INR4.6 bn in India’s First Renewable Energy InvIT from AIMCo and other investors

Wednesday, September 29, 2021 - 3:28am

Virescent Infrastructure (Virescent), a leading Indian renewable energy platform sponsored by global investment firm KKR, has set up Indias first renewable energy infrastructure investment trust (InvIT), Virescent Renewable Energy Trust (VRET).

Key Points: 
  • Virescent Infrastructure (Virescent), a leading Indian renewable energy platform sponsored by global investment firm KKR, has set up Indias first renewable energy infrastructure investment trust (InvIT), Virescent Renewable Energy Trust (VRET).
  • View the full release here: https://www.businesswire.com/news/home/20210928006194/en/
    KKR set up Virescent in October 2020 to acquire operating renewable energy assets in India.
  • We will continue to support Virescent and its management team in providing greater renewable energy solutions to communities across India.
  • Ahmed Mubashir, Director, Infrastructure & Renewable Resources at AIMCo, said, AIMCo is excited to expand its geographic footprint in Asia through its investment in Indias first renewable energy InvIT.

CareTrust REIT Sets Second Quarter Earnings Call for Friday, August 6, 2021

Friday, July 30, 2021 - 10:39pm

SAN CLEMENTE, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its second quarter 2021 financial results after the U.S. markets close on Thursday, August 5, 2021.

Key Points: 
  • SAN CLEMENTE, Calif., July 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its second quarter 2021 financial results after the U.S. markets close on Thursday, August 5, 2021.
  • Representatives of CareTrust REITs management team will host a conference call to discuss the results and other current matters the following day.
  • CareTrust REIT invites current and prospective investors to listen to the call on Friday, August 6, 2021 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).
  • CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties.

Diversified Healthcare Trust Announces Quarterly Dividend on Common Shares

Thursday, July 15, 2021 - 1:00pm

Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year).

Key Points: 
  • Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year).
  • This quarterly dividend will be paid to common shareholders of record as of the close of business on July 26, 2021 and distributed on or about August 19, 2021.
  • Diversified Healthcare Trust (Nasdaq: DHC) is a real estate investment trust (REIT) focused on owning high-quality healthcare properties located throughout the United States.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

KKR Acquires Seven Highways Assets from Global Infrastructure Partners

Monday, July 5, 2021 - 6:08am

KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers.

Key Points: 
  • KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with a total length of 487 kilometers.
  • Hardik Shah, Managing Director and Head of India Infrastructure at KKR, said, Roads are one of the largest and most crucial infrastructure assets in India, where the worlds second-largest road network is located.
  • Recent infrastructure investments in India include India Grid Trust (IndiGrid), a leading infrastructure investment trust in India, and Virescent Infrastructure, a renewable energy company in India.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

Vinci Partners Urban Commercial Properties’ Listed REIT (VIUR) Announces Full Deployment of Previous Capital Raise

Thursday, July 1, 2021 - 12:21am

VIUR is a perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban commercial properties in Brazil, including properties focused on street retail, grocery, healthcare, and educational activities.

Key Points: 
  • VIUR is a perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban commercial properties in Brazil, including properties focused on street retail, grocery, healthcare, and educational activities.
  • VIURs portfolio is now composed of six urban commercial properties in three different regions of the country, diversified by tenants and business segments.
  • Vinci Partners Real Estate strategy is primarily focused on the acquisition of core, income-generating assets through public real estate funds (REITs).
  • Our real estate strategy invests across various sub-strategies including shopping malls, industrial and logistics, offices, urban commercial properties, and financial instruments related to real estate assets.

DSS Adds Ivy Brook Medical Center to its American Medical REIT Portfolio

Thursday, June 24, 2021 - 2:10pm

DSS Securities initially acquired 52% of AMRE in May 2020 and now owns 99% of the real estate investment trust.

Key Points: 
  • DSS Securities initially acquired 52% of AMRE in May 2020 and now owns 99% of the real estate investment trust.
  • The additional investment in AMRE was used to fund the acquisition of Ivy Brook Medical Center (Ivy Brook), a 40,000 square foot first class,all medical facility located in Shelton, Connecticut.Considered Fairfield Countys most prestigious medical facility, Ivy Brook provides a vast array of medical practices and related services in a patient-friendly and inviting outpatient campus.
  • The percentage of American households with REIT stocks has nearly doubled, from 23 percent to 44 percent, over the last two decades.
  • DSS is a multinational company operating business segments in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets.

Vinci Partners Announces R$269.5 Million IPO of VIUR, New Urban Commercial Properties’ Listed REIT

Monday, May 31, 2021 - 7:32pm

This is a new listed REIT managed by the Vinci Partners Real Estate segment, for which the Company raised R$269.5 million.

Key Points: 
  • This is a new listed REIT managed by the Vinci Partners Real Estate segment, for which the Company raised R$269.5 million.
  • VIUR is a new perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban commercial properties in Brazil, such as street retail, grocery, healthcare, and educational focused real estate properties.
  • Leandro Bousquet, partner and Head of Real Estate for Vinci Partners, said, VIURs IPO is an important milestone for us, as we consolidate ourselves as the top-of-mind brand for listed REITs in all the key real estate investment sectors in Brazil.
  • Vinci Partners Real Estate strategy is primarily focused on the acquisition of core, income-generating assets through public real estate funds (REITs).

Resource Announces Updated NAV Per Share

Thursday, March 25, 2021 - 7:24pm

The REITs previous NAV per share was $9.08 as of December 31, 2019.

Key Points: 
  • The REITs previous NAV per share was $9.08 as of December 31, 2019.
  • Resource REIT, Inc. (Resource) is a self-managed real estate investment trust that owns a diverse portfolio of suburban apartment communities in targeted markets across the United States.
  • Actual events may cause the value and return on the REITs investments to be less than that used for purposes of the REITs estimated NAV per share.
  • Even small changes to these assumptions could result in significant differences in the appraised values of the REITs appraised real estate properties and estimated NAV per share.

GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share

Thursday, February 25, 2021 - 2:35pm

The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

Key Points: 
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • Shareholders should not draw any conclusions about the Funds investment performance from the amount of the current distribution.
  • The Funds NAV per share will fluctuate with changes in the market value of the Funds portfolio securities.
  • About The GAMCO Global Gold, Natural Resources & Income Trust
    The GAMCO Global Gold, Natural Resources & Income Trust is a non-diversified, closed-end management investment company with $706 million in total net assets whose primary investment objective is to provide a high level of current income.