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

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