 "Bumper listing of 2nd REIT to encourage more builders to tap route, say experts")
The successful launch of India's second REIT with an issue size of Rs 4,500 crore and its listing on bourse at 11 per cent premium on Friday will encourage more builders to monetise their rent yielding commercial assets through this route, according to industry experts.
The participation of retail investors will also increase in future REITs, enabling them to earn dividend income from fully leased and listed commercial real estate, they added.
Mindspace Business Parks REIT, which is owned by K Raheja and Blackstone, made its market debut on Friday, with a premium of nearly 11 per cent against its
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