India’s first real estate investment trust (REIT) is soon going to be a reality. The first REIT initial public offering (IPO) by Embassy Office Parks, a Bangalore-based real estate developer backed by Blackstone Group LP, a global private equity firm, is open for investment between March 18 and 20, 2019. The Embassy Office Parks REIT plans to raise ₹4,570 crore through the IPO.
Suraj Nangia, Partner with inputs from Mansi Chopra, Manager contributed an article on Liaison Office – A taxable presence? for Corporate Professionals Today magazine, Taxmann.