Property Share IPO: India’s first SM REIT scheme to raise Rs 353 crore; key things to know

PropShare Platina comprises 246,935 sf of office space in Prestige Tech Platina in Bangalore proposed to be fully leased to a US-based tech company through a fresh 9-year lease with a 4.6-year weighted average lock-in and 15% escalation in rents every 3 years.

Sep 27, 2024 - 16:30
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Property Share IPO: India’s first SM REIT scheme to raise Rs 353 crore; key things to know
PropShare Platina comprises 246,935 sf of office space in Prestige Tech Platina in Bangalore proposed to be fully leased to a US-based tech company through a fresh 9-year lease with a 4.6-year weighted average lock-in and 15% escalation in rents every 3 years.

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