NaBFID invests Rs 745 crore in NDR InvIT's long-term bonds

Quick Summary:

NaBFID has invested Rs 745 crore in NDR InvIT's 15-year bonds, rated AAA/Stable, to support India's warehousing and industrial parks sector.

This investment aids NDR InvIT's strategic growth, addressing logistics infrastructure gaps amid rising demand due to manufacturing growth and e-commerce expansion.

The first 'perpetual warehousing and industrial parks' InvIT to be listed on the NSE, the Trust currently has 16.99 msf assets under management, across 13 cities, and 33 industrial parks, with over 50 warehouses.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaAustraliaPakistan

Topics: Business news NaBFID investment NDR InvIT long-term bonds Logistics infrastructure growth Infrastructure financing in India Infrastructure investment trust

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 20:49:05 (3 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 718 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24778777

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 28 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions