IGI Logo

Below are Views On The stellar response to the Brookfield REITs IPO By Mr. Krish Raveshia, CEO at Azlo Realty

Brookfield REIT IPO 

The stellar response to the Brookfield REITs IPO demonstrates investors' confidence in India's commercial real estate segment. Despite the pandemic investment continued to flow into quality, rent bearing assets. The response to the IPO will help quell fears if any in the mind of investors on the outlook for Indian commercial real estate assets.

The progressive Unlock by the government, nation-wide vaccination drive has led to businesses opening up their offices for the workforce, with this the demand/activities in office leasing is expected to pick up the pace. The government's focus on a self-reliant economy will result in more businesses setting up offices domestically. The relaxation on TDS deduction announced in the budget will help boost sentiment.

Above views are of the author and not of the website kindly read disclaimer