Bengaluru, Dec. 30 -- Real estate developer Bagmane Group-backed Bagmane Prime Office REIT is planning a Rs.4,000 crore real estate investment trust (Reit) issue, with a large portfolio of prime office assets primarily in Bengaluru.

The public listing of the Bagmane Reit would be India's sixth listed Reit.

The company submitted its draft offer document to the capital markets regulator, the Securities and Exchange Board of India (Sebi), for the proposed Reit issue on Tuesday.

The Bagmane Prime Office REIT is also backed by global asset manager Blackstone, which had acquired a minority pre-IPO stake in the former's portfolio in December 2024.

Blackstone-backed Bagmane's proposed Reit issue comes after Horizon Industrial Parks, another B...