All metrics of workplace demand in India are exhibiting optimistic momentum and responding to this, actual property funding trusts are quickly scaling up their portfolios by way of acquisitions. When Embassy Workplace Parks REIT was launched in 2019, it had just a little over 24 million sq. toes. In 5 years, it has elevated the … Read more
Brookfield India Actual Property Belief reported an 89 per cent improve in web working earnings within the fourth quarter of FY24 on the again of strong leasing and hire escalations. The REIT additionally introduced signing of binding agreements to purchase a 50 per cent stake in a 3.3 million sq. toes industrial portfolio from Bharti … Read more
Brookfield India Actual Property Belief (BIRET) has signed binding agreements to accumulate a 50 per cent stake in 4 Grade A property from Bharti Enterprises, the corporate mentioned in an announcement. The acquisition contains marquee business properties totalling 3.3 million sq. toes at an enterprise worth of ₹6,000 crore. The whole fairness consideration for the … Read more