India’s Knowledge Realty Trust has sought approval for an initial public offering of Rs 6,200 crore ($711 million), in what could be the nation’s largest real estate investment trust listing.The REIT, backed by Blackstone Inc. and Sattva Developers Pvt., has offices in key Indian cities including Bengaluru, Mumbai, Hyderabad and Chennai. The proceeds from the sale would be used mostly for repayment of debt.India is emerging as a key market for equity sales and REITs are gaining popularity due to their potential to generate attractive returns. There are currently four listed REITs in India, including Brookfield India and Embassy Office Parks. Knowledge Realty is the largest REIT in India by gross asset value, according to the draft red herring prospects filed with India’s market regulator. It reported a net operating income of about Rs 2,900 crore ($333 million) in the last fiscal year, and has a committed occupancy of 89.9% as of December. Morgan Stanley India, Kotak Mahindra Capital, Axis Capital and BofA Securities India will manage the sale among others. Stock TradingMaximise Returns by Investing in the Right CompaniesBy – The Economic Times, Get Certified By India’s Top Business News BrandView Program Stock TradingRenko Chart Patterns Made EasyBy – Kaushik Akiwatkar, Derivative Trader and InvestorView Program Stock TradingCandlesticks Made Easy: Candlestick Pattern CourseBy – elearnmarkets, Financial Education by StockEdgeView Program Stock TradingDow Theory Made EasyBy – Vishal Mehta, Independent Systematic TraderView Program Stock TradingMarket 101: An Insight into Trendlines and MomentumBy – Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarkets 102: Mastering Sentiment Indicators for Swing and Positional TradingBy – Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarket 103: Mastering Trends with RMI and Techno-Funda InsightsBy – Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarket 104: Options Trading: Kickstart Your F&O AdventureBy – Saketh R, Founder- QuickAlpha, Full Time Options TraderView Program Stock TradingROC Made Easy: Master Course for ROC Stock IndicatorBy – Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingRSI Made Easy: RSI Trading CourseBy – Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingTechnical Analysis for Everyone – Technical Analysis CourseBy – Abhijit Paul, Technical Research Head, Fund Manager- ICICI SecuritiesView Program Stock TradingIntroduction to Technical Analysis & Candlestick TheoryBy – Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology ExpertView Program Stock TradingOptions Trading Course For BeginnersBy – Chetan Panchamia, Options TraderView Program Stock TradingOptions Scalping Made EasyBy – Sivakumar Jayachandran, Ace ScalperView Program Stock TradingFutures Trading Made Easy: Future & Options Trading CourseBy – Anirudh Saraf, Founder- Saraf A & Associates, Chartered AccountantView Program
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