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Morgan Stanley sees double-digit returns for Indian REITs; ups Mindspace target, downgrades Embassy, Brookfield shares
Morgan Stanley rate stocks including a list of stocks.
· Business Today Mkts
Citing Nasscom estimates, the brokerage said India's GCC base could expand around 1.4 times by FY30, supporting office demand. However, rising office supply and interest rate hikes remain key risks for the sector.
Key facts
- Period
- FY30
Market context
- Brokerage calls from Morgan Stanley, with ratings on the stocks named.