CosmicTaco

India's Largest REIT IPO Set to Launch

CosmicTaco · 2025-03-07T10:41:25.687717+05:30

- Knowledge Realty Trust, a joint venture between Sattva Group and Blackstone, is set to raise Rs 6200 crore through India's largest REIT IPO. - The REIT will be the largest in India by net operating income and gross asset value, estimated at Rs 60,000 crore. - The portfolio includes 48 million sq ft across 30 Grade A office assets, primarily in Bengaluru, Hyderabad, and Mumbai. - Blackstone holds a 55% stake in the joint venture, while Sattva Group holds 45%. - The IPO is expected to attract significant investor interest due to the high-quality assets and strong tenant base. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/ipos/fpos/sattva-group-and-blackstone-backed-jv-files-drhp-to-raise-rs-6200-cr-in-indias-largest-reit-ipo/articleshow/118772313.cms), [Mint](https://www.livemint.com/companies/blackstone-sattva-reit-ipo-knowledge-realty-trust-commercial-real-estate-investment-gccs-11741266005135.html)

Knowledge Realty Trust, a joint venture between Sattva Group and Blackstone, is set to raise Rs 6200 crore through India's largest REIT IPO.
The REIT will be the largest in India by net operating income and gross asset value, estimated at Rs 60,000 crore.
The portfolio includes 48 million sq ft across 30 Grade A office assets, primarily in Bengaluru, Hyderabad, and Mumbai.
Blackstone holds a 55% stake in the joint venture, while Sattva Group holds 45%.
The IPO is expected to attract significant investor interest due to the high-quality assets and strong tenant base.

Source: The Economic Times, Mint