India: Blackstone-backed Embassy REIT sees slight drop in rent collections in April

India: Blackstone-backed Embassy REIT sees slight drop in rent collections in April

With the covid-19 disrupting economic activity and cash flows for businesses, American private equity firm Blackstone-backed Embassy Office Parks REIT, India’s first listed real estate investment trust, on Tuesday reported that it has received commitments for 95% of rent due for the month of April.

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