Office space is getting the lion's share of investments by PE investors into the sector, experts suggest this trend is likely to continue in the coming months
This is a first-of-its-kind partnership In India between a listed REIT (real estate investment trust) and a global institutional investor
But slowdown in the US and rising interest rates could pose risks
The units will be issued at a price not less than the rate to be determined in accordance with Sebi's guidelines for REIT
The company has seen a 22% increase in income from lease rentals in Q4
Announces a planned distribution of Rs 150 crore (Rs 5.00 per unit) this quarter, with 34 per cent of distributions tax free for unit holders
The acquisition and the funding are subject to unitholder and regulatory approvals
Brookfield has declared a Rs 180-crore dividend payout for the September quarter, taking its total profit distribution to Rs 390 crore since listing in February
Work from home, second wave have deferred leasing decisions by occupiers
Company to distribute Rs 182 crore to unitholders
Mindspace gives 90% of returns; Brookfield, Embassy to follow suit
Heranba Industries slipped 7% to Rs 708 in the intra-day trade today, falling 25% from its listing day high of Rs 945 on March 5, 2021