HSBC predicts rapid growth in Asia's Real Estate Investment Trusts (REITs) over the next few years, driven by investor demand for safer, income-generating assets.
Real estate secures the top spot as India's preferred investment choice, surpassing gold and silver, due to economic uncertainties and rising rural incomes.
The global economic slowdown has led to increased vacancy in prime commercial districts, including Mumbai's Nariman Point. The trend is similar in other major cities like New York and Chicago.
QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.