Knowledge Realty Trust: Oversubscription Option Exercised in Offer for Sale

Knowledge Realty Trust has announced the exercise of the Oversubscription Option in its Offer for Sale (OFS). The sellers, BREP Asia SG L&T Holding (NQ) Pte. Ltd., BREP Asia SG DRPL Holding (NQ) Pte. Ltd., BREP Asia II Indian Holding Co IV (NQ) Pte. Ltd., and BREP Asia II Indian Holding Co VII (NQ) Pte. Ltd., will sell an additional 370,000,000 Units. This brings the total Offer Units to 1,110,000,000, representing 25.03% of the Trust's Unit capital. The offer includes a reservation of 111,002,000 Units (10% of total offer) for retail investors. The total offer size will be considered for calculating minimum public unitholding requirements.