Page 20 - Prachi Pisal

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Leading port companies plan capex, acquisitions to expand in the sector

India's four listed Reits distributed 13% additional funds in Q4 FY25

India's four listed Reits distribute over ₹6,000 crore in FY25 amid strong NOI and rising investor confidence, with Embassy Reit leading the pack at ₹2,181 crore

Lodha Ventures rebrands as Abhinandan Ventures, gives up original trademark

Abhinandan Lodha-led Lodha Ventures has been renamed Abhinandan Ventures in a move the company says reflects its future-focused identity and not linked to family dispute

Eternal leases over 84,000 sq ft office space in Mumbai's Andheri

The lease spans five years with a rent escalation clause, includes 57 parking spots, and was registered on 9 May with a fit-out period of 150 days starting 1 May 2025

Shapoorji Pallonji launches over Rs 1,400 crore luxury project in Gurugram

Shapoorji Pallonji Real Estate, Kreeva, and ASK Property Fund launch The Dualis in Sector 46, Gurugram with 198 high-end units and a revenue target of ₹1,400 crore

Aditya Birla Real Estate Q4 results: Incurs ₹131 cr loss, revenue down 43%

ABRE reports ₹131 crore loss in Q4FY25 versus profit a year ago; revenue fell 43% YoY, but full-year revenue rose 35%; five launches and ₹8,000 crore in bookings

Rustomjee Q4 results: Profit more than doubles to ₹65 cr, revenue falls 28%

Rustomjee's Q4 FY25 profit rose 111% Y-o-Y to ₹64.8 crore, even as revenue fell nearly 28%; the company met annual presales guidance and raised FY26 target

Maharashtra's new EV policy may take 'toll' on toll operators' cash flows

Toll waivers on major highways may impact cash flows of operators like IRB, but low EV penetration and expected compensation make long-term effect minimal

Nexus Select Trust's Q4 net operating income grows 7% to ₹447 crore

Nexus Select Trust posts strong Q4 with 7% NOI growth and 97.2% occupancy; declares ₹2/unit payout and expects 10% distribution growth in FY26

Real estate developers stuck between construction cost wall and soft market

Price rise mainly due to jump in cost of cement, steel, and skilled labour

Amazon India leases 94,000 sq ft office space in Mumbai's Vikhroli

Amazon India entities lease 94,254 sq ft in Godrej Two, Vikhroli East for ₹1.73 crore monthly rent with no security deposit and 5 per cent annual rent escalation

Private equity, M&A drive 3x jump in real estate capital in FY25

Real estate sector raises ₹32,852.6 crore in FY25 from 17 deals as Reits and InvITs gain traction, despite underperformance of listed realty stocks

Ravi Infrabuild files papers with Sebi to raise Rs 1,100 cr through IPO

Udaipur-based company will use proceeds to invest in subsidiaries and repay borrowings

Della Resorts joins Hiranandani JV for Pune project worth Rs 1,100 cr

Della Resorts has partnered with Hiranandani Communities and Krisala Developers to co-develop a 40-acre racecourse-themed township in Pune's North Hinjewadi

Dilip Buildcon Q4 profit surges to ₹171 crore on coal, HAM portfolio

Dilip Buildcon's Q4 FY25 profit grew multifold to Rs 170.83 crore, aided by its coal and hybrid annuity model portfolio, even as revenue fell 13 per cent year-on-year

PSIT files Rs 472 crore IPO for PropShare Titania, its second SM Reit

The IPO proceeds will fund acquisition of 4.4 lakh sq ft grade A+ office asset in Mumbai fully leased to blue-chip tenants with projected 9 per cent yield till FY28

TCS leases Hyderabad commercial space for Rs 4.37 crore a month

The 15-year lease covers 10.2 lakh sq ft at Rs 43 per sq ft with a rent hike of 12 per cent every three years and a deposit of Rs 26.2 crore paid upfront

Mindspace Reit to raise Rs 1,800 crore through debt securities, CPs

Board committee approves Rs 1,800 crore fundraise plan via non-convertible debt and commercial papers amid rising NOI and strong leasing growth in FY25

Sunteck Realty Q4FY25 results: Net profit declines by 50% to ₹50.4 crore

Sunteck Realty reports 50% YoY fall in Q4 net profit to ₹50.4 crore even as FY25 net profit more than doubles; announces ₹1.5 per share final dividend

Godrej Properties Q4 results: Net profit falls 19% amid surge in expenses

Despite 93 per cent full-year profit growth, Godrej Properties' Q4 profit fell 19 per cent YoY due to a sharp 54 per cent increase in expenses led by material consumption costs