Private equity major Blackstone is in talks to sell around half of its stake in India’s largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital, Reuters reported, quoting sources. … READ FULL STORY
In mature markets like the US, Singapore and Japan, real estate investment trusts or REITs have been a popular product for many decades. In India, on the other hand, the adoption of REIT has … READ FULL STORY
India’s first listed real estate investment trust (REIT), Embassy Office Parks, has raised Rs 750 crores through an issue of non-convertible debentures (NCDs) at 6.70% quarterly coupon rate, it said in a BSE filing, … READ FULL STORY
