Embassy Office Parks REIT raised 47.5 billion rupees (US$690 million) through its share sale on the Bombay Stock Exchange, pictured. Photo: Twitter

Institutional investors look to India after successful debut of first Reit

  • Embassy Office Parks REIT, sponsored by US-based equity investor Blackstone Group and local partner Embassy Group, has risen about more than 17 per cent since its debut on April 1
  • Real estate assets in India that qualify for inclusion in a Reit are estimated at 294 million sq ft, or equivalent to potential value of US$35 billion, according to JLL
Topic |   BRICS

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Embassy Office Parks REIT raised 47.5 billion rupees (US$690 million) through its share sale on the Bombay Stock Exchange, pictured. Photo: Twitter
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