Real Estate Investment Trusts

Since I already own house and tiny office in Mumbai, my exposure is materially (say 100% of RE, if one consider house and office, both for self consumption as assets). Hence, I would like to diversify. That is the main reason for wanting lower Mumbai assets REIT and not COVID. COVID may impact prospect of 1-2 year horizon, but in long term would have limited impact but for chnge in society attitude being more receptive to work from home.

In my understanding, with same Jitu Virwami, Embassy price increased to more than 500 and market cap reached to great height. Secondly, I see Blackstone as more in control of business than Embassy. Thirdly, if I look at business information disclosure and transparency on same, I find limited reason to suspect intention of Virmani.

I have created a thread on VP for Embassy REIT and would request members to post their view in future on that thread related to Embassy REIT.