Knowledge Realty Trust files for ₹6,200 cr IPO, set to be India's largest office REIT

Blackstone and Sattva Developers-backed Knowledge Realty Trust has filed draft papers with SEBI for an initial public offering (IPO) worth ₹6,200 crore. The trust claimed to be India's largest office real estate investment trust (REIT) by net operating income and gross asset value. The money received from the sale will be mostly used for the repayment of debt.