ஸ்டான்லி இந்தியா நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from ஸ்டான்லி இந்தியா நிறுவனம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In ஸ்டான்லி இந்தியா நிறுவனம் Today - Breaking & Trending Today

Embassy REIT raises $501 million through institutional placement


Embassy REIT raises $501 m via QIP route
SECTIONS
Share
Synopsis
The funds will be utilised to support the proposed $1.3-billion acquisition of Embassy TechVillage, an integrated office park in Bengaluru.
Through this QIP, existing investors like the Capital Group and Fidelity Investments have increased their holdings in the REIT, which is one of the largest in Asia by area.
INSIGHTS
NSE
Explore Now
The Blackstone Group and Embassy Group-backed India’s first listed REIT, Embassy Office Parks REIT, has raised $501 million or Rs 3,680 crore through a Qualified Institutional Placement of its units.
The funds will be utilised to support the proposed $1.3-billion acquisition of Embassy TechVillage, an integrated office park in Bengaluru. ....

Mike Holland , Kotak Mahindra Capital Company , Fidelity Investments , Indian Real Estate Investment Trust , Embassy Office Parks , Capital Group , Embassy Techvillage , Embassy India , Blackstone Group , Morgan Stanley India Company , Embassy Group Backed India , Qualified Institutional Placement , Canada Pension Plan Investment Board , Eastspring The Singapore Based Asset , Prudential Inc And , Institutional Placement , Securities Committee , Embassy Office Parks Management Services , Stanley India Company , Bofa Securities India , Axis Capital , Capital Markets , மைக் ஹாலண்ட் , கோட்டக் மஹிந்திரா மூலதனம் நிறுவனம் , நம்பகத்தன்மை முதலீடுகள் , இந்தியன் ரியல் எஸ்டேட் முதலீடு நம்பிக்கை ,

Embassy REIT: Embassy REIT to raise $500 million QIP to fund Embassy TechVillage acquisition


MUMBAI | BENGALURU: Embassy Office Parks REIT is looking to raise $500 million through a Qualified Institutional Placement (QIP), said two persons with direct knowledge of the development.
This will be the first fund raising exercise being undertaken by the Blackstone Group and Embassy Group-backed REIT since its listing in April 2019.
The funds raised through this institutional placement will be utilised to support the proposed $1.3 billion acquisition of the Embassy TechVillage, an integrated office park in Bengaluru.
“The fundraising will be done through international and domestic institutions starting tonight itself. The indicative price for the issue will be in the range of Rs 331 to Rs 335 per REIT unit,” said one of the persons mentioned above. ....

Kotak Mahindra Capital Company , Real Estate Investment Trust , Prestige Group , Embassy Office Parks , Embassy Techvillage , Brookfield Asset Management , K Raheja Corp , Jp Morgan , Embassy Group , Blackstone Group , Morgan Stanley India Company , Qualified Institutional Placement , Embassy Group Backed , Outer Ring Road , Weighted Average Lease Expiry , Right Of First Offer , Stanley India Company , Bofa Securities India , Axis Capital , Capital Markets , Blackstone Group Backed Mindspace Business Parks , கோட்டக் மஹிந்திரா மூலதனம் நிறுவனம் , ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , ப்ரெஸ்டீஜ் குழு , தூதரகம் அலுவலகம் பூங்காக்கள் , ப்ரூக்ஃபீல்ட் சொத்து மேலாண்மை ,