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Last $0.09 SGD
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IPIT On Other Exchanges
As of 1:34 AM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

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

indiabulls properties invest (IPIT) Top Compensated Officers

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indiabulls properties invest (IPIT) Key Developments

Indiabulls Properties Investment Trust Announces Distribution for the Period from October 1, 2014 to March 31, 2015, Payable on June 25, 2015

Indiabulls Properties Investment Trust announced distribution of 0.0138 Singapore cents per unit in IPIT for the period from October 1, 2014 to March 31, 2015, payable on June 25, 2015. Ex distribution date is May 28, 2015, and record date is June 2, 2015.

Indiabulls Properties Investment Trust Reports Unaudited Consolidated Earnings Results for the Year Ended March 31, 2015

Indiabulls Properties Investment Trust reported unaudited consolidated earnings results for the year ended March 31, 2015. For the period, total income was SGD 102.749 million against SGD 93.842 million a year ago. Net property income was SGD 67.437 million against SGD 53.961 million a year ago. Loss before tax was SGD 1.622 million against SGD 78.502 million a year ago. Loss for the year was SGD 3.009 million or 0.08 cents per basic and diluted unit against SGD 56.593 million or 1.52 cents per basic and diluted unit a year ago. Net cash flow generated from operating activities was SGD 83.568 million against SGD 223.616 million a year ago. Additions to plant and equipment was SGD 1.038 million against SGD 0.917 million a year ago. As on date net asset value per unit was 35.24 against 34.09 a year ago. Additions to investment properties and development properties was SGD 97.649 million against SGD 255.201 million a year ago.

Indiabulls Properties Investment Trust Appoints Kubeir Khera as Non-Executive and Non-Independent Director

Indiabulls Properties Investment Trust announced the appointment of Kubeir Khera as Non-Executive and Non-Independent Director. Date of appointment is 14 April 2015. Mr. Kubeir Khera serves as Executive Vice President of Indiabulls Real Estate Limited and is years currently head of sales and marketing. He has been instrumental in conceptualizing and implementing the marketing and branding strategy of the group across different verticals over the last seven years. In his current assignment, Mr. Khera is directly driving business for Indiabulls properties and has been credited with successfully launching new projects and extensions of ongoing projects. He has successfully led a team of professionals to achieve high sales volumes under very challenging environment for the real estate sector. Mr. Khera is an experienced marketing executive with over nine years of marketing, branding and media experience across advertising, financial services and real estate sectors. Prior to his joining Indiabulls, he was responsible for business development and communication planning deployment for FCB & McCann Worldgroup.


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