PE-RE Fund Investments

Embassy Group sells 4% in REIT to Bain Capital for Rs.1,250-Cr

Economic Times  

Embassy Property Developments Pvt Ltd, a Bengaluru-based commercial office and residential real estate development firm, has raised INR 1,250 crore from Bain Capital by selling 4% stake in publicly listed Embassy Office Parks REIT. Post the stake sale, Embassy Property Development will hold 8% stake in the REIT

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.