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In the entire 2023-24, BIRET achieved gross leasing of 2.8 million square feet, including 1.9 million square feet of new leasing and 0.9 million square feet of renewals.

Brookfield REIT Q4 net income up 89% at Rs 461 crore; to distribute Rs 209 crore to unitholders 

According to a regulatory filing on Friday, the board of Brookprop Management Services Pvt Ltd approved issuance of up to 1,26,96,800 units of Brookfield India REIT at a price of Rs 315.04 per unit to Project Diamond Holdings (DIFC) Ltd on a preferential basis for consideration other than cash.

Brookfield India REIT to raise Rs 400 crore via preferential issue

In a regulatory filing, Brookprop Management Services Pvt Ltd, which is a manager of Brookfield India REIT, informed that the issue committee has approved the allotment of 9,13,01,349 units to 64 successful eligible institutional investors, at the issue price of Rs 252.50 per unit.

Brookfield India REIT raises Rs 2,305 crore through sale of units to 64 institutional investors

Lenders have given us time till December, says RCom’s Anil Ambani

RCom, in a BSE filing said, “The shareholders of Reliance Infratel Limited (RITL) – a subsidiary of Reliance Communication at their meeting held on April 29, 2017, have approved with 98% majority the scheme of arrangement for demerger of the tower division of the RITL into Towercom Infrastructure Private Limited (TIPL).”

RCom shareholders approve demerger of tower business 

RCom said, “CCI&nbsp;has approved the proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of RCom, which is to be carried out pursuant to a demerger of the tower division to Towercom Infrastructure Private Limited (Towerco)."

CCI approves RCom's demerger of tower division

As per the term sheet, the specified assets are intended to be transferred from Reliance Infratel Limited (RITL) on a going concern basis into a special purpose vehicle (SPV) to be owned by Brookfield.&nbsp;

 Reliance Communications shares rise as it sells part of telecom tower business