Blackstone Group-backed Real Estate Investment Trust (REIT) Knowledge Realty Trust (KRT) has raised over Rs 1,400 crore through a pre-initial public offering (IPO) placement, said persons familiar with the developmentWith this, the REIT has become the first-ever REIT in India to conclude such a pre-IPO fundraising exercise. The round was fully subscribed by domestic high-net-worth…
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