
Khaitan & Co advised JM Financial (and its clients) on investment in Knowledge Realty Trust
Khaitan & Co advised JM Financial (and its clients) in relation to an investment of approximately INR 700 crores in Knowledge Realty Trust, a Blackstone-backed Real Estate Investment Trust (REIT), as part of a pre-IPO fund-raising round aggregating to INR 1,400 crores.
This transaction marks India’s maiden REIT pre-IPO funding round, setting a significant precedent in the country’s capital markets and real estate sectors.
The core Khaitan & Co team comprised Vineet Shingal (Partner), Soumil Garg (Partner), Anushka Garg (Senior Associate) and Nimisha Nagpal (Associate).
The Firm assisted JM Financial (and its clients) in the negotiation and finalisation of the transaction documents related to the investment.
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