Embassy Office Parks REIT successfully raised Rs 1,000 crore through floating-rate non-convertible debentures in a notable transaction. This marks the first time an Indian REIT accessed funding from a scheduled commercial bank at the trust level. The funds were subscribed entirely by a European multinational bank and represent a significant milestone for the REIT sector. This funding method enhances the access to institutional capital and diversifies the financing options available.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.