REIT returns hinge on the rental yields from commercial spaces and price appreciation of the units, depending on the trends in realty
The stage is set for the launch of the first real estate investment trust (REIT) on Indian bourses. In its draft red herring prospectus (DRHP), Embassy Office Parks, a joint venture of real estate developer Embassy Group and US-based private equity giant Blackstone Group, has indicated plans to raise ₹ 5,000 crore through the REIT offer.
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