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Knowledge Realty Trust's IPO to Open on 5 August

Mint Ahmedabad

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July 29, 2025

This will be Asia's second-largest real estate investment trust by size and India's largest by gross asset value

- Madhurima Nandy

Knowledge Realty Trust (KRT), a real estate investment trust sponsored by Bengaluru-based developer Sattva Group and asset manager Blackstone, is set to launch its initial public offering (IPO) on 5 August, said two persons close to the development.

The proposed ₹4,800-crore IPO secured approval from the Securities and Exchange Board of India on Friday. The offer will be open from 5 to 8 August.

This will be Asia's second-largest real estate investment trust (Reit) by size and India's largest by gross asset value (around ₹62,000 crore) and net operating income, owning over 46 million square feet of office space across 29 assets in six cities, mainly Mumbai, Bengaluru, and Hyderabad.

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