India's Embassy Office Parks REIT $690 mln IPO subscribed over 2 times
March 20, 2019 at 07:15 AM EDT
Blackstone-backed Embassy Office Parks REIT's 47.50 billion rupee ($689.85 million) initial public offering, the first by a real estate investment trust in India, was subscribed more than two times by 1030 GMT on the last day of sale on Wednesday.