India's Embassy REIT plans to raise up to $400m, hires Morgan Stanley, Kotak: Report

India's Embassy REIT plans to raise up to $400m, hires Morgan Stanley, Kotak: Report

Residential and commercial buildings stand in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg

India’s largest real estate investment trust, Embassy Office Parks, plans to raise up to $400 million from investors, two sources with direct knowledge said, as it looks to meet demand for office space from global and local giants.

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