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Fitch Ratings has assigned a 'BBB+' rating to American Tower Corporation's proposed two-tranche Euro-denominated senior notes due in 2030 and 2034. Net proceeds from these notes will be used to...
CONSOLIDATED HIGHLIGHTS First Quarter 2024 Total revenue increased 2.4% to $2,834 million Property revenue increased 3.3% to $2,804 million Net income increased 192.6% to $922...
Investor interest in Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) has surged, with fundraising hitting Rs 17,116 crore in 2023-24, a significant increase from the previous year. The optimistic outlook for the current fiscal year FY25 is driven by regulatory amendments and growing popularity.
REITs and InvITs are new concepts in the Indian market but have been a popular choice globally for their lucrative returns and capital appreciation.
Through these routes, in 2023-24, fundraising reached Rs 17,116 crore marking a 14-fold year-on-year rise.