Tag: REIT

Real estate developers may raise more than $25 billion over the next three years by listing their rent-yielding commercial properties through the Real Estate Investment Trusts route, according to Anarock. Earlier this year, global investment firm Blackstone and realty firm Embassy group launched India’s first REIT to raise Rs 4,750 crore. Their joint venture firm Embassy Office Parks listed its rental assets on the exchanges. Currently, the top seven cities — Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune — Continue Reading