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Embassy Office Parks REIT jumps 5% after tepid market debut

Embassy Office Parks REIT on Monday listed at Rs 300 on the BSE, the same as the issue price. Embassy Office Parks REIT is the first ever REIT issue. It was subscribed 2.58 times. A REIT is a company that owns, and operates, income-producing real estate like office spaces and apartment buildings, warehouses, hospitals, shopping centres, hotels and timberlands.

Read More at The Economic Times News date : 1 Apr 2019, Monday

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