India's Embassy Office Parks REIT files for IPO
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Sept 24 (Reuters) - Embassy Office Parks REIT filed for an initial public offering consisting of a fresh issue worth up to 52.50 billion rupees ($722.84 million) on Monday, setting the stage for the listing of India's first real estate investment trust.
The private office park portfolio is sponsored by U.S.-based equity investor Blackstone Group LP and Indian commercial developer Embassy Group, Embassy Office Parks said in a filing http://www.investmentbank.kotak.com/downloads/embassy-office-parks-reit-DOD.pdf. ($1 = 72.6300 Indian rupees) (Reporting by Chris Thomas in Bengaluru; Editing by Vyas Mohan)
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