The investment universe covers both commercial (retail and office )and industrial properties. Property investments are considered suitable only if there is reasonable assurance of valid title and are expected to generate adequate cash-flows at a rate of return acceptable to the schemes. NSSA invests in real estate and other such investments in good primary and secondary market locations. The Authority has engaged in property development and property development financing across the commercial and industrial spectrum. NSSA also acquires fully developed or partially developed immovable property. In pursuit of its policy of investing in real estate NSSA may acquire land for future development.
NSSA also invests in infrastructure development directly and indirectly. NSSA may own the infrastructure or may engage in financing through structures such as Build Own and Transfer (BOOT), Build Own, Operate and Transfer (“BOOT”, Own, Operate and Transfer) and other such financing instruments. Infrastructure projects are considered suitable only if there is reasonable security of title and the project is expected to generate adequate cash flows and rate of return acceptable to the schemes.
NSSA manages the performance of its property portfolio through managing agents. This entails property maintenance in order to preserve value of the properties and to continuously lure the best tenants.