India REITs Update - On The Cusp Of A Rebound: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Indian Real Estate Investment Trusts saw strong rental collections of over 99% in Q1 FY22 and were able to achieve healthy re-leasing spreads along with contractual escalations. However, overall portfolio vacancy levels increased by another 100-200 basis points QoQ owing to continued work-from-home and second Covid-19 wave leading to deferment of leasing decisions by occupiers. While vacancy levels may rise further in Q2 FY22, we expect this trend to reverse from H2 FY22E assuming that the pick-up in vaccinations is accompanied by a gradual return to offices. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India REITs Update - On The Cusp Of A Rebound: ICICI Securities

India REITs Update - On The Cusp Of A Rebound: ICICI Securities

Choose a plan