Embassy Office Parks REIT raised Rs 2,000 crore through India’s first 10-year NCD issuance, marking a major milestone in the REIT market. The oversubscribed issue drew strong institutional interest. Proceeds will refinance existing debt, reduce costs, and stagger liabilities, showcasing growing confidence in long-term investments in India’s commercial real estate.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets