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Sattva Group, Blackstone Sponsored REIT Raises ₹1,400 Cr in Pre-IPO Round
Hindustan Times Ranchi
|June 19, 2025
Knowledge Realty Trust, sponsored by real estate company Sattva Group and Blackstone, has raised ₹1,400 crore from investors ahead of its maiden REIT public issue.
NEW DELHI:
In early March, Knowledge Realty Trust (KRT) filed the Draft Red Herring Prospectus (DRHP) with SEBI to launch an Initial Public Offering (IPO) for raising ₹6,200 crore and list the REIT on stock exchanges. This is part of its strategy to monetise its 30 prime office assets across major cities.
According to sources, the KRT has raised ₹1,400 crore in a pre-IPO round from family offices and high net worth individuals.
Dit verhaal komt uit de June 19, 2025-editie van Hindustan Times Ranchi.
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