JLL, Real Estate News, ET RealEstate

NEW DELHI: JLL believes that India‚Äôs current office markets across seven major cities have potential space of 284 million sq ft that could be securitised with an estimated value of Rs 2,62,800 crore. “This estimate was based on buildings that meet two important criteria – single ownership and large floor space with high occupancy rate. […]

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 […]

Mindspace Business Parks REIT inches closer to IPO, revises darft prospectus, Real Estate News, ET RealEstate

MUMBAI: Mindspace Business Parks REIT, an entity jointly backed by realty developer K Raheja Corp and private equity major Blackstone Group, has revised its draft prospectus to raise Rs 1,000 crore through fresh issue of shares via an initial public offering (IPO). Both the entities are expected to offer a part of their existing shareholding […]

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