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indiabulls properties invest (IPIT) Snapshot

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indiabulls properties invest (IPIT) Details

Indiabulls Properties Investment Trust primarily engages in the development, management, and lease of commercial spaces in India. The company is also involved in the development and sale of residential property. Its portfolio comprises two commercial developments, and three residential developments. Indiabulls Properties Investment Trust was formed on May 7, 2008 and is based in Singapore, Singapore.

Founded in 2008

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indiabulls properties invest (IPIT) Key Developments

Indiabulls Properties Investment Trust Announces Board Changes, Effective from July 15, 2014

Indiabulls Properties Investment Trust appointed Mehul Charles Christopher Johnson as Non-Executive and Non-Independent Director (Member of Audit Committee), and the resignation of Mr. Rajiv Rattan as Non-Executive and Non-Independent Director (Member of Audit Committee) effective from July 15, 2014. Mr. Mehul C. C. Johnson serves as President of Indiabulls Real Estate Limited and is responsible for a large part of its business.

Indiabulls Properties Investment Trust Declares Distribution for the Period from 1 October 2013 to 31 March 2014

Indiabulls Properties Investment Trust declared a distribution of 0.0162 Singapore cents per unit for the period from 1 October 2013 to 31 March 2014. Unitholders whose securities accounts with The Central Depository (Pte) Limited are registered with Units at 5.00 p.m. on 11 June 2014 will be entitled to the Distribution which will be paid on 20 June 2014.

Indiabulls Properties Investment Trust Reports Consolidated Earnings Results for the Year Ended March 31, 2014

Indiabulls Properties Investment Trust reported consolidated earnings results for the year ended March 31, 2014. For the period, the company’s total income was SGD 93,842,000 against SGD 94,978,000 a year ago. Net property income was SGD 53,961,000 against SGD 58,811,000 a year ago. Loss before tax was 78,502,000 against SGD 93,991,000 a year ago. Loss for the year was SGD 56,593,000 against SGD 107,470,000 a year ago.


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