Blackstone-backed Embassy REIT raises $500 mn from top pension fund, others

By Swet Sarika

  • 22 Dec 2020
Premium
Credit: Pixabay

Blackstone-backed Embassy Office Parks REIT Ltd has raised around $500 million (about Rs 3,700 crore) from existing as well as new investors through an institutional placement round, the company said in a statement The company has issued 111,335,400 new units to existing and new institutional investors, including global and domestic investors, ......

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