Rmz
RMZ, Colt DCS to invest $1.7 billion in Indian data centre market
The data centres will have a combined capacity of approximately 250 MW on completion
 "RMZ, Colt DCS to invest $1.7 billion in Indian data centre market")
RMZ Corp aims to add $25 billion of assets by 2029 as it expands portfolio
RMZ has been operating in the office space for nearly two decades, along with involvement in retail and residential segments
 "RMZ Corp aims to add $25 billion of assets by 2029 as it expands portfolio")
We expect positive momentum in realty sales in year ahead: Pavitra Shankar
'We plan to launch 8 million square feet in residential projects and 2 million square feet in commercial projects in FY23'
 "We expect positive momentum in realty sales in year ahead: Pavitra Shankar")
Top property developers bet big on office properties as demand rises
Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one
 "Top property developers bet big on office properties as demand rises")
RMZ to sell commercial assets to Brookfield for Rs 14,000 crore
RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore
 "RMZ to sell commercial assets to Brookfield for Rs 14,000 crore")
Covid-19 impact: MNCs strike big rental deals despite work from home push
RMZ, one of the biggest owners of office properties in southern India, has done a handful of lease rental deals with global firms in recent weeks.
 "Covid-19 impact: MNCs strike big rental deals despite work from home push")
Realty firms may raise over $25 bn in 3 years via REITs: Anarock report
Real estate developers may raise more than USD 25 billion over the next three years by listing their rent-yielding commercial properties through the Real Estate Investment Trusts (REITs) route, according to realty consultant Anarock. Earlier this year, global investment firm Blackstone and realty firm Embassy group launched India's first REIT to raise Rs 4,750 crore. Their joint venture firm Embassy Office Parks listed its rental assets on the exchanges. "Commercial REITs may raise over USD 25 billion for Indian real estate over the next three years. This involves the listing of more than 150 million sq ft of rent-yielding Grade A office properties across top seven cities - covering 25-30 per cent of the overall Grade A office space in these cities," said Shobhit Agarwal, MD & CEO Anarock Capital. Currently, the top seven cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune -- have close to 550 million sq ft Grade A office supply - of which 310-320 million
 "Realty firms may raise over $25 bn in 3 years via REITs: Anarock report")
After Embassy group, RMZ in talks to buy office property in Mumbai
Promoted by the Menda family, RMZ is in talks with Mumbai-based Omkar Realtors & Developers to buy the latter's commerical buildings at the localities of Bandra and Mahalaxmi
 "After Embassy group, RMZ in talks to buy office property in Mumbai")
