News Retail

Mall Rental Income Expected To Increase By 8-10% In FY2024

The rental income of malls is expected to increase by eight to ten per cent year-on-year (YoY) in the financial year (FY) 2024, said the rating agency Icra. Icra expects the credit profile of the mall operators to remain stable driven by healthy net operating income (NOI), moderate leverage and healthy debt coverage metrics. Across […]

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