sattva group

Sattva Group and Blackstone backed JV files DRHP to raise Rs 6,200 cr in India’s largest REIT IPO

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Sattva Group and Blackstone backed JV files DRHP to raise Rs 6,200 cr in India’s largest REIT IPO

Knowledge Realty Trust, a joint venture between Sattva Group and Blackstone, filed a draft prospectus with capital markets regulator Sebi to raise as much as Rs 6200 crore, which will be India’s largest REIT IPO. Knowledge Realty Trust will be the largest REIT in India in terms of net operating income (NOI) and gross asset … Read more

Sattva, Blackstone files papers for REIT with plan to raise up to Rs 7,500 cr

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Sattva, Blackstone files papers for REIT with plan to raise up to Rs 7,500 cr

Bengaluru-based real estate developer Sattva Group and Blackstone, the world’s largest alternative asset manager, has filed papers for the largest Real Estate Investment (REIT) in India to raise up to Rs 7,500 crore, said persons with direct knowledge of the development. The proposed REIT that will combine assets of Sattva and Blackstone’s Nucleus Office Parks … Read more