India's Embassy REIT aims to raise $500m QIP to fund Embassy Tech Village acquisition

India's Embassy REIT aims to raise $500m QIP to fund Embassy Tech Village acquisition

Photo by Livemint

Embassy Reit, India’s first public listed real estate investment trust, plans to raise $500 million through a qualified institutional placement (QIP) to fund its acquisition of commercial asset Embassy Tech Village (ETV) in Bengaluru, said a person familiar with the development.

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