Embassy Office Parks REIT: Embassy Office Parks REIT raises Rs 1,743 crore from anchor investors

Mumbai: Blackstone-backed Embassy Office Parks REIT, India’s first ever such issue on Friday raised Rs 1,743 crore from anchor investors, including a host of foreign participants. Kotak Mahindra Life Insurance was one of the domestic investors alongside trusts linked to Radhakishan Damani and Gopikishan Damani. Embassy Office Parks REIT, which opens on Monday and closes on Wednesday, plans to raise around Rs 4,750 crore in India’s first real estate investment trust listing. The REIT, which includes Embassy Group properties, is offering units at Rs 299-300 apiece. The Embassy Office Parks…