IPO: Embassy Office Parks REIT to raise Rs 4,750 Cr for project & financial purpose

By Rohit Sharma  MUMBAI: Embassy Office Parks REIT, a joint venture (JV) between Blackstone Group and Bengaluru-based developer, is set to raise Rs 4,750 crore in India’s first REIT listing for funding the Embassy One assets project and repayment of existing debt. The company in a statement said, the initial public offering (IPO)

Tata AIA Life eyes to make into real estate investments

By Accommodation Times Bureau Tata AIA life a private life insurance company is seeking to enter into real estate investment as a category. The insurance company which was absent in realty market may enter this segment soon. The Harshad Patil, Chief Investment Officer, Tata AIA Life Insurance said, “In terms of the

PNB Housing Finance IPO subscribed 29.5 times

The initial public offering (IPO) of PNB Housing Finance was subscribed 29.55 times on Thursday, the final day of the issue. The IPO has received bids for 82,91,97,506 shares as against the total issue size of 2,80,77,500 shares, as per NSE data. According to NSE data, the institutional investor category was subscribed