PropShare

New SM REIT From PropShare Eyes ₹244.65 Crore, Backed by Prime Office Space in Ahmedabad 0
- Industry News
- January 15, 2026
PropShare Investment Trust has filed draft papers for its third SM REIT scheme, PropShare Celestia, a ₹244.65 crore fresh issue backed by a fully leased Grade A+ office asset in Ahmedabad. With tenants including Smartworks, EFC, and a Swedish telecom multinational, the REIT targets an FY27 yield of 8.4% and a BSE listing.
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New SM REIT From PropShare Eyes ₹244.65 Crore, Backed by Prime Office Space in Ahmedabad 0