Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from the same period a year earlier to reach INR 45.3 billion ($550 million) on record levels of new leasing.
BIRET… Read More>>
CapitaLand India Trust Buys Three Industrial Projects in Chennai, India
CapitaLand India Trust (CLINT) is acquiring three industrial development projects in Greater Chennai from a local builder as part of the Singapore property heavyweight’s pledge to ramp up investments in the city.
The REIT’s trustee-manager announced on Monday that it… Read More>>
Korea’s KIC Opens India Office in Mumbai to Kick Off Emerging Markets Push
Korea Investment Corporation has opened an office in Mumbai, establishing India as the sovereign wealth fund’s first emerging-market outpost.
KIC received regulatory approval for the office from India’s central bank on 24 January, it said late last week in a… Read More>>
CapitaLand India Trust Sets Up 21MW Solar Plant in Tamil Nadu
CapitaLand India Trust has launched its first captive solar plant in the southern state of Tamil Nadu as part of efforts to step up sustainability at the Singapore-listed REIT.
The 21-megawatt solar plant will generate more than 30 million kilowatt-hours… Read More>>
Adani to Invest $6B in Mumbai Area Data Centres in Coming Decade
Billionaire Gautam Adani’s flagship holding company has pledged to invest INR 500 billion ($6 billion) in developing and operating hyperscale data centres in India’s Maharashtra state over the next 10 years.
Adani Enterprises, a member of the Adani Group, on… Read More>>
Logos-Ivanhoe Cambridge India Industrial JV Buys Land to Expand $130M Pune Project
APAC warehouse specialist Logos and Canadian investor Ivanhoe Cambridge have expanded their Chakan Industrial Estate in India’s Maharashtra state via a fresh land acquisition, with the longtime partners committing more than INR 11 billion ($130 million) to the development project.
Digital Realty, Brookfield, Reliance Unveil Inaugural India Data Centre
A joint venture of Digital Realty, Brookfield Asset Management and India’s Reliance Industries has unveiled its inaugural data centre project in India to tap growing demand for digital infrastructure in the world’s most populous nation.
Austin-based Digital Realty, which bills… Read More>>
NTT Opens 22MW Data Centre at Second Campus in India’s Noida
NTT Ltd has launched its second data centre campus in India’s National Capital Region, with the company completing delivery of a 22.4-megawatt facility as the first stage of the complex in Noida.
Dubbed Noida 2, the 6 acre (2.4 hectare)… Read More>>
Cushman & Wakefield Teams With Nuvama for $361M India Office Fund
Cushman & Wakefield has partnered with Mumbai-based Nuvama Asset Management on a fund management platform aiming to raise INR 30 billion ($361.4 million) to invest in prime office properties across India’s high-growth markets.
Dubbed NCW, the 50:50 JV of Cushman… Read More>>
Singapore’s CapitaLand Unveils $540M Chennai Investment Plan
Singapore property heavyweight CapitaLand Investment (CLI) continues to bolster its presence in India as it unveils plans to invest INR 45 billion ($540 million) in business parks, logistics and data centre developments in Chennai over the next five years.
CLI… Read More>>
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