NDR InvIT Trust, an InvIT, has acquired Grade A industrial and warehousing assets in Surat, Hyderabad, Bengaluru and Pune, for Rs 7.06 billion. The assets have over 2.1 million square feet of operational space and 100 per cent occupancy rates. The transaction is financed through a mix of cash and units issued. Of the total, Rs 5.65 billion is paid in cash and the remaining Rs 1.41 billion through a preferential issue of 11.01 million units at Rs 128 per unit.
Data Surge: Faster speeds, growing consumption
The Indian telecom sector has witnessed several important developments during the past year, marked by the introduction of the draft National Telecom Policy, 2025 and the National Broadband Mission (NBM) 2.0. Industry experts discuss the […]
Seed to Scale: Rising investor optimism on the back of new funding avenues
In the past one year, India has steadfastly maintained its status as a favourable investment destination for global and domestic investors. Drawn by compelling valuations, strategic investors have poured in capital, aiming for more exposure […]
RoW Relief: DoT draft policy aims to streamline processes
For the past several years, right of way (RoW) has been the biggest hurdle in the expansion of telecom infrastructure in the country. […]