New Delhi, July 19 -- Aurum PropTech has got markets regulator SEBI's approval to launch its Small and Medium Real Estate Investment Trust (SM-REIT), as part of the company's plan to expand business.
The company will list the SM-REIT schemes on stock exchanges, providing opportunities for retail investors to have fractional ownership of rent-yielding premium office assets.
In a regulatory filing on Friday, Aurum PropTech said it is the first public listed company in India to receive a registration certificate from the SEBI as a SM-REIT under the name AMSA SM REIT Investment Trust (AMSA).
"This milestone marks the beginning of AMSA's journey to provide transparent, structured, and regulated access to high-quality real estate investment op...