According to an article on the National Association of Real Estate Investment Trusts (NAREIT), with the latest news from India, 31 countries now have REIT regimes in place, a group that includes both developed markets and developing economies. Remarkably, a decade ago there were only a dozen countries with REIT...
I.M. Pei firm to design world's tallest residential tower in Mumbai
Lodha Developers Ltd. of Mumbai has announced that it plans to build the world's tallest residential tower using proceeds from its planned public offering. Central Mumbai has enjoyed a huge resurgence as former textile mills have been torn down to make room for modern residential and commercial construction. The financial,...