Sunday, March 17, 2019

EMBASSY OFFICE PARKS REIT.

Embassy office Parks REIT (Embassy REIT) is issuing Units
aggregating up to Rs.4750 crores.

Bids open on March,18,2019 & Closes on March,20,2019.
The price band for the  offer is from Rs.299/- to Rs. 300 per Unit.
Bids can be made for a minimum of 800 units & in multiples of
400 units thereafter by bidders other than Anchor investors  and
Strategic Investors.

Embassy Office park REIT (Real Estate Investment Trust),the first
ever by a Real estate Investment Trust in India.The Units of the
Embassy REIT are proposed to be listed on the National Stock 
Exchange of India (NSE) and BSE Limited (BSE)


The net proceeds of the issue will be used for 1. Partial or Full 
repayment of  or pre payment of bank/financial institution debt
of certain Asset Special Purpose Vehicles (SPV's) and by the 
Investment Entity,2.payment of consideration for acquisition
of the Embassy One Assets currently held by Embassy One 
Developers Private Limited  & 3.General Purposes.

The issue will include participation by strategic Investors in
accordance with the SEBI guidelines.The issue is being made
by Book Building process & in compliance with the REIT
Regulations  & the SEBI guidelines.


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