May consider launching REIT in 6-12 months: Niranjan Hiranandani

Niranjan Hiranandani, co-founder and managing director (MD) of the eponymous Hiranandani Group, is considering the launch of an office real estate investment trust (REIT). He said investors have shown keen interest in Yotta, the group's pure-play data centre arm.

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May consider launching REIT in 6-12 months, data centre business growing very fast: Niranjan Hiranandani
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May consider launching REIT in 6-12 months, data centre business growing very fast: Niranjan Hiranandani

Investors' interest is also strong in Yotta, the group's pure-play data centre arm. Revenue from Yotta is slated to equal or exceed that of the group's residential business over the next few years, according to Niranjan Hiranandani.

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Brake Pad Market Size, Future Trends, Growth & Outlook By 2031

Brake Pad Market was valued at USD 3.07 billion in 2023 and is projected to reach USD 5.93 billion by 2031, with a CAGR of 8.60% during the forecast period

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Emergency Ambulance Vehicle Market Size & Growth Drivers By 2031

The emergency ambulance vehicle market size was USD 19.31 billion in 2023 and it will surpass USD 22.62 billion by 2031, with a CAGR of 2.00% by the year 2031.

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