Most often MNCs divest their real estate assets to overcome their financial crises. This phenomenon is not confined to Indian Corporates alone.
Whenever any MNCs are loaded with debt it seeks to repair with divesting some real estate assets. They may face debt due to sluggish market or economic recession.
Rising debt has been a serious issue for many of the Indian Corporates and MNCs. Many are forced to divest their real estate assets. They are sure of overcoming the debt if the property is in any prime area. Some of them lease out their properties or resort to other monetization methods. Read More