CommercialLatest Stories

Knowledge Realty Trust Sees 16% Revenue Growth, 18% EBITDA Rise

NEW DELHI: Knowledge Realty Trust reports over 16% revenue growth, with EBITDA and net operating income up by 18% since its IPO, according to CEO Shirish Godbole. In a conversation with Ankit Sharma, Godbole highlighted the company’s robust performance in the nine months following its IPO, indicating strong potential for continued growth through enhanced occupancy, rental adjustments, ongoing construction, and acquisitions. With current occupancy around 92%, the company aims to reach 95-96%. It has 2.6 million sq ft under development—1.2 million sq ft anticipated for completion this year, with an additional 1.4 million sq ft ongoing. An asset in Hyderabad,…

IndustryLatest Stories

Knowledge Realty Trust’s ₹4,800 Cr IPO Launching August 5, 2025

NEW DELHI: Knowledge Realty Trust REIT has set the price range for its issue between ₹95 and ₹100 per unit. The bidding process opens on August 5, 2025, and concludes on August 7, 2025. The minimum bid size is ₹15,000, which translates to a minimum of 150 units, with additional bids made in multiples of 150 units for all bidders except anchor and strategic investors. This offering includes a fresh issuance of units totaling up to ₹4,800 crore by Knowledge Realty Trust. A maximum of 75% of the issue (excluding the Strategic Investor portion) will be allocated proportionately to institutional…