Tag: REIT

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…

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Embassy REIT Secures ₹2,000 Cr via 10-Year NCDs

Representative image created by AI NEW DELHI: Embassy Office Parks REIT (Embassy REIT) has successfully raised ₹2,000 crore through a 10-year non-convertible debenture (NCD). The offering was priced with an effective coupon rate of 7.33% over ten years, featuring a step-up structure of 7.25% for the initial five years, followed by 7.45% for the next five years. The raised funds will be used to refinance existing debts, leading to annual interest savings of approximately 70 basis points (bps). The issuance attracted interest from over 15 prominent institutional investors, including insurance companies, pension funds, and mutual funds, and was oversubscribed by…

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Real Estate Firms Triple Capital Raised in FY25: Equirus Capital

NEW DELHI: Capital mobilization by real estate firms has more than tripled in FY25, reaching ₹3,28,526 million, up from ₹1,09,554 million in FY24, as reported by Equirus Capital. The number of transactions rose significantly from 5 to 17 during the same period. Large-cap companies led the fundraising efforts, raising ₹3,93,898 million, followed by REITs at ₹3,12,012 million. Small-cap and mid-cap firms gathered ₹66,938 million and ₹52,626 million, respectively. According to Equirus Capital, returns from Real Estate Investment Trusts (REITs) were at 17.9% for the 12-month period ending June 23, 2025—nearly three times the Sensex’s returns of 6.1%. In contrast, publicly…