Knowledge Realty Trust REIT, co-sponsored by Sattva Group and Blackstone, received over 13 times subscription, making it India’s largest and most subscribed REIT IPO. Institutional and retail interest highlighted growing confidence in India’s commercial real estate sector.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.