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India had no listed REITs till about 2 years ago and as of March 2021, we have 3. Embassy Office Parks REIT, MindSpace and the most recent entrant - Brooksfield. Of the 3, Embassy has completed 2 years of listing now since its launch in March …
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The first REIT in India got listed only in 2019. This was the Embassy REIT, which raised about Rs. 4500 crores in March 2019. The REIT was listed at a price of Rs. 300, went up to Rs 512 and then closed the FY 2019-20 at Rs. 351. When the pandemic …
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