 "Embassy Reit delivers returns of more than 20% since market debut")
Mindspace Business Parks Real Estate Investment Trust (REIT), sponsored by K Raheja Corp, has filed a draft offer document for the public issue of its REIT. Blackstone Real Estate Partners is one of the key investors in the REIT.
It is the second REIT in the country coming out with a public issue after another Blackstone joint venture (JV) Embassy Office Parks hit the market with its REIT early this year and raised Rs 4,750 crore.
The REIT has roped in 13 bankers, including Morgan Stanley, CLSA, and Nomura for the issue.
Sources said the issue could raise around Rs
