Archive · 6 Aug 2025
Knowledge Realty Trust REIT: An Attractive Investment?
A company called Knowledge Realty Trust (KRT) is offering a way for people to invest in its properties.
This is like buying a piece of a building.
They're raising money by selling shares in a REIT, which is like a special investment.
These shares might be a good deal because they're a little cheaper than what the company is actually worth.
If you buy shares, you could get regular payments, and the price of the shares might also go up.
KRT has lots of tenants in its buildings, so it seems like a stable investment.
Knowledge Realty Trust (KRT) is launching a Real Estate Investment Trust (REIT) to raise ₹4,800 crore.
The REIT trades at a slight discount to its net asset value (NAV), potentially offering capital gains.
KRT's dividend yield is expected to be around 6.2% and 7% for FY26 and FY27, respectively.
The REIT has a high committed occupancy rate of 91.4% and a weighted average lease expiry (WALE) of 8.4 years.
KRT has a diverse client base, including tech and financial companies, and strong revenue growth.
- Who
- Knowledge Realty Trust (KRT), with Sattva and Blackstone as sponsors.
- What
- Knowledge Realty Trust launched a REIT offer.
- When
- The offer is open until August 7, 2025.
- Where
- Primarily in Mumbai, Bengaluru, and Hyderabad.
- Why
- To raise ₹4,800 crore for debt repayment and general purposes.
- REIT Offer Amount
- ₹4,800 crore
- Price Band (upper end)
- ₹95–100
- NAV Multiple
- 0.9 times (March 2025)
- Expected Dividend Yield (FY26)
- 6.2%
- Expected Dividend Yield (FY27)
- 7%
- Committed Occupancy
- 91.4%
- WALE
- 8.4 years