Hines has partnered with India’s Pioneer Urban to develop a Gurugram office property at a total project cost of INR 15 billion ($180 million), marking the latest addition to the US builder and fund manager’s portfolio in the northern commercial… Read More>>
Alok Aggarwal Joins Brookfield India REIT Board to Replace Anuj Ranjan
Fresh off a record-breaking fourth-quarter report for Brookfield India REIT, the trust’s manager announced some key personnel moves last week.
The REIT’s CEO, Alok Aggarwal, has joined the manager’s board of directors in the capacity of executive director, according to… Read More>>
Brookfield India REIT Net Property Income Surges 89% in Q4 on Record Leasing
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>>
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