Actually, it is an aftermath to the SEBI announcement on REITs at its recent board meeting. India’s largest REIT, Embassy Office Parks, is likely to trade with a lower lot size where the size would be reduced from 200 units to 1 unit. This announcements was made by SEBI to encourage greater retail participation in REITs. Embassy REITs had listed in 2019 and had delivered resilient performance consistently for eight quarters.
Actually, it is an aftermath to the SEBI announcement on REITs at its recent board meeting. India’s largest REIT, Embassy Office Parks, is likely to trade with a lower lot size where the size would be reduced from 200 units to 1 unit. This announcements was made by SEBI to encourage greater retail participation in REITs. Embassy REITs had listed in 2019 and had delivered resilient performance consistently for eight quarters.