India’s First REIT to be launched by American Firm

December 15, 2016 10:42 am | Updated 1 year ago.

The Blackstone Group L.P, an American financial service corporation will soon launch a real-estate investment trust in its initial offering, the first of its kind in India. Blackstone Group had started functioning in India about a decade back. Other real –estate agents also envisage on lunching REITs in the coming months, especially in North India. Source: http://www.wsj.com/articles/blackstone-plans-indias-first-reit-1481038295