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Embassy Office Parks Reit Raises Rs 3,000 Crore Via Debentures

by moneycontrol.com posted 2weeks ago 11 views
The NCDs will be listed on the Wholesale Debt Market segment of the BSE. : Embassy Office Parks REIT, India's first listed real estate investment trust, has raised Rs 3,000 crore through private placement of debentures mainly to repay debt. Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, is a leading developer of commercial real estate. It launched the country's first real estate investment trust (REIT) to raise Rs 4,750 crore.

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