Embassy Office Parks REIT

Kotak Realty Fund invests $200 million in Embassy REIT through block deal

by
Kotak Realty Fund invests 0 million in Embassy REIT through block deal

MUMBAI: Kotak Realty Fund has invested $200 million or Rs 1,600 crore in India’s maiden Real Estate Investment Authority (REIT) Embassy Office Parks REIT. The fund has picked up stake in the REIT through a block deal that took place in early trade this morning, said persons with direct knowledge of the development. The transaction … Read more

Brookfield is said to push ahead with India REIT IPO by year end

by
Brookfield is said to push ahead with India REIT IPO by year end

By Baiju Kalesh Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as 38 billion rupees ($513 million), according to people familiar with the matter. The Canadian asset manager has received good response from investors including sovereign wealth … Read more