REIT will offer financial investment opportunity in real estate, says Tuhin Parikh of Blackstone India
India's very first real estate investment trust or REIT from global investment company Blackstone and realty firm Embassy Group is ready to debut in a few weeks from now with a total issue size of about USD 700 million or Rs 5000 crore. Tuhin Parikh, senior MD of real estate at Blackstone India and Jonathan Gray President & COO of Blackstone spoke exclusively to CNBC-TV18 on why they believe that this makes a compelling investment opportunity for investors.
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