REITs: JM Financial bullish on Embassy, Mindspace and Brookfield India; sees up to 16% upside – key reasons
JM Financial has initiated coverage on the Indian office REITs or real estate investment trusts, with a constructive outlook as they provide stable cash flows with 6-8 percent distribution yields. Among the 3 listed REITs, the brokerage's preferred pick is Embassy REIT.
DNA News Desk
0
11
JM Financial has initiated coverage on the Indian office REITs or real estate investment trusts, with a constructive outlook as they provide stable cash flows with 6-8 percent distribution yields. Among the 3 listed REITs, the brokerage's preferred pick is Embassy REIT.
