Brookfield India REIT to raise Rs 3,800 crore, Real Estate News, ET RealEstate

Canadian alternative investment major Brookfield Asset Management-backed Brookfield India Real Estate Trust will be raising Rs 3,800 crore through a public issue of its Real Estate Investment Trust next week. The issue, priced between Rs 274 and Rs 275, will open for subscription on February 3 and close on February 5, Brookfield said in regulatory […]

Mindspace Business Parks REIT rises nearly 11% in debut trade, Real Estate News, ET RealEstate

NEW DELHI: Mindspace Business Parks REIT made its market debut on Friday, with a premium of nearly 11 per cent against its issue price of Rs 275 per unit. The units of the REIT listed at Rs 304, reflecting a gain of 10.54 per cent from the issue price on the BSE. Later, it touched […]

Embassy Office Parks REIT’s profit dips 8% in Q1 FY21, Real Estate News, ET RealEstate

NEW DELHI: Embassy Office Parks REIT reported a dip of 8 per cent in its consolidated net profit during the first quarter of the financial year 2020-21. Its profit after tax (PAT) stood at Rs 2,042.39 million in Q1 FY21, as against Rs 2,220.37 million it registered in the corresponding quarter previous fiscal, the company […]

Embassy Office Parks REIT reports rental collections of 97% in Q1 FY21, Real Estate News, ET RealEstate

BENGALURU: Embassy Office Parks, India’s first listed real estate investment trust (REIT) and the largest in Asia by area, said on Monday its rental collections for the first quarter (April to June) from office occupiers remained robust at 97 per cent. The office rental collections were 98 per cent in April and May, and 95 […]

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