{"id":366074,"date":"2020-08-04T10:14:30","date_gmt":"2020-08-04T04:44:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366074"},"modified":"2020-08-04T10:25:08","modified_gmt":"2020-08-04T04:55:08","slug":"gmr-infra-plans-to-divest-non-core-assets-bets-big-on-land-monetisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmr-infra-plans-to-divest-non-core-assets-bets-big-on-land-monetisation\/","title":{"rendered":"GMR Infra plans to divest non-core assets, bets big on land monetisation"},"content":{"rendered":"<p>GMR Infrastructure is working on disinvestment of non-core assets including land and hopes to yield &#8220;significant value&#8221; even from 50 per cent of land monetization, according to a document. <\/p>\n<p>The airport-to-port conglomerate in an investor presentation said land at strategic industrial locations will benefit from the possible manufacturing dislocation from China. <\/p>\n<p>&#8220;Plan is to divest large part of other assets identified as non-core divestment initiative,&#8221; the document said and noted that it has 10,500 acres of port and industrial land and &#8220;even 50 per cent land monetization&#8221; could yield significant value. <\/p>\n<p>About its Kakinada Special Investment Region (SIR) in Andhra Pradesh, the group said that it is in discussion with a large number of clients for monetization of land.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GMR Infrastructure is working on disinvestment of non-core assets including land and hopes to yield &#8220;significant value&#8221; even from 50 per cent of land monetization, according to a document. The airport-to-port conglomerate in an investor presentation said land at strategic industrial locations will benefit from the possible manufacturing dislocation from China. &#8220;Plan is to divest large part of other assets identified as non-core divestment initiative,&#8221; the document said and noted that it has 10,500 acres of port and industrial land and &#8220;even 50 per cent land monetization&#8221; could yield significant value. About its Kakinada Special Investment Region (SIR) in Andhra [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-366074","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=366074"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366074\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}