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Bagmane REIT Begins Trading After $360M India IPO

Bagmane Prime Office REIT commenced trading in Mumbai following a $360 million initial public offering, marking a significant test of investor confidence in India's equity markets. The Blackstone-backed real estate investment trust's debut arrives as global capital markets navigate volatility and selective appetite for new listings. Market participants view the REIT's trading performance as a barometer for India's ability to attract capital for large-scale asset monetization deals.