Blackstone, Sattva Group JV files papers for Rs 7,000 crore REIT IPO
Blackstone and Sattva Group's Knowledge Realty Trust plans to raise over Rs 7,000 crore through an IPO, with the listing expected around June-July. The proceeds will be used for debt repayment, asset acquisition, and corporate purposes. The REIT portfolio includes 48.1 million square feet of leasable area across major commercial hubs.
Blackstone and Sattva Group's Knowledge Realty Trust plans to raise over Rs 7,000 crore through an IPO, with the listing expected around June-July. The proceeds will be used for debt repayment, asset acquisition, and corporate purposes. The REIT portfolio includes 48.1 million square feet of leasable area across major commercial hubs.
