The initial public offering (IPO) of India’s first Real Estate Investment Trust (Embassy REIT) was subscribed 2.58 times,with the share sale generating a demand of over Rs 5,300 crore. REITs are similar to mutual funds.While mutual funds provide for an opportunity to invest in equity stocks,REITs allow one to invest in income-generating real estate assets.… Continue reading India’s first Real Estate Investment Trust subscribed 2.58 times
Tag: Initial public offering
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