Listing day gains at Embassy Office Parks opens doors for more REITs
Shares of Embassy Office Parks REIT close at ₹314.10 apiece on BSE, a 4.7% premium over the issue price
The Embassy REIT is seen boosting investor sentiment in real estate sector and triggering 5-6 REITs
Mumbai: Shares of Embassy Office Parks REIT closed at ₹314.10 apiece on the BSE, up 4.7% from its issue price of ₹300. India's first real estate investment trust (REIT) was listed at ₹312. The 18-20 March Embassy REIT IPO was subscribed 2.58 times.
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