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Knowledge Realty Trust bets on GCC demand, buyouts
Mint New Delhi
|July 31, 2025
Knowledge Realty Trust will open its ₹4,800-crore initial public offer on 5 August; the price band is set at ₹95-100 a unit
Knowledge Realty Trust, a real estate investment trust (Reit) that is set to launch its initial public offering (IPO) on 5 August, has seen demand rising from global capability centres (GCCs), and is eyeing third-party acquisitions for growth, senior officials said on Wednesday.
The KRT Reit, sponsored by Bengaluru-based developer Sattva Developers and BREP Asia SG L&T Holding, a Blackstone portfolio company, will raise ₹4,800 crore through the IPO. It has already concluded a pre-IPO round in June, raising ₹1,400 crore. KRT has fixed the price band for the issue at ₹95-100 per unit. The minimum bid size is ₹15,000, and the issue closes on 7 August.
This story is from the July 31, 2025 edition of Mint New Delhi.
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