Life Insurance Corporation of India Reviews Real Estate Portfolio to Boost Returns
मुख्य बातें
- •Life Insurance Corporation of India is reviewing its vast real estate portfolio to improve returns and may explore setting up a separate subsidiary to manage assets more efficiently
- •LIC's real estate holdings are valued at over Rs 60,000 crore and have been accumulated over nearly seven decades
- •The corporation has initiated a detailed review of its property portfolio to assess returns and yields generated by these assets and identify areas for optimization
- •LIC is evaluating leased properties to ensure they generate appropriate revenue returns and is considering all options to manage its real estate assets more efficiently
- •The government remains focused on meeting listing norms requiring a minimum public shareholding threshold, although market conditions will determine the timing of future stake sales
The Life Insurance Corporation of India (LIC) is undertaking a comprehensive review of its substantial real estate portfolio to enhance returns on its investments. With a portfolio valued at over Rs 60,000 crore, accumulated over nearly seven decades, LIC is seeking to optimize its assets to improve profitability and returns for policyholders. According to LIC CEO and MD R Doraiswamy, the corporation has initiated a detailed review of its property portfolio to assess the returns and yields generated by these assets and identify areas for improvement.
