Research shows distrust towards real estate investors in the housing market

Trump also signed an executive order Tuesday restricting federal financing and approval pathways used by institutional investors to acquire single-family homes, following a Jan. 7 statement that he planned to halt such purchases. At the same time, Clever Offers research found that 32% of recent home sellers consider real estate investors to be unreliable. While […]

Crypto market steady at $3.22 trillion while Bitcoin consolidates nearly $95,300

The crypto market remained stable in mid-January, with total market capitalization hovering around $3.22 trillion and Bitcoin consolidating around the $95,000 level. The cryptocurrency was trading at the $95,041 level.In the past 24 hours, Bitcoin and Ethereum are down 0.64% and 0.67% respectively. Among the major altcoins, XRP, Dogecoin fell 0.69% and 1.89% respectively during […]

Trump wants large institutional investors to be banned from buying houses

Real estate investment trusts (REITs), private equity firms and other large institutional investors have expanded their single-family rental portfolios in recent years, drawing criticism from housing advocates and lawmakers who argue that investor activities have limited supply and driven up home prices. Markets reacted quickly to Trump’s comments. Shares of Invitation Houses — the nation’s […]

ICICI Prudential AMC, SBI MF largest investors in Swiggy’s Rs 10,000 crore fundraise

Three mutual funds emerged as the biggest buyers in Swiggy’s Rs 10,000 crore qualified institutional placement, holding more than a third of the total issuance. ICICI Prudential AMC, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund together picked up shares worth around Rs 3,700 crore during the QIP, according to allotment details.ICICI Prudential […]

Jhunjhunwala’s firm, Madhu Kela, is one of the pre-IPO investors of I-Pru AMC

A slew of foreign and domestic institutions and family offices were among the 26 investors who participated in ICICI Prudential Asset Management’s pre-IPO share sale worth around Rs4,900 crore.Several major investors such as Abu Dhabi’s Lunate, Premji Invest, University of California, the estate of late Rakesh Jhunjhunwala, HCL Capital, 3P India managed by Prashant Jain, […]