Knowledge Realty Trust Shares Soar on Analyst Buy Recommendations
Shares of Knowledge Realty Trust, backed by Blackstone and Sattva Group, have seen a significant rise after two major brokerage firms recommended a 'buy'. Morgan Stanley and BoFA Securities both initiated coverage on the stock, citing strong financials and growth potential.
Knowledge Realty TrustBlackstoneSattva GroupReal Estate InvestmentStock MarketReal Estate NewsSep 22, 2025
Morgan Stanley has initiated coverage on Knowledge Realty Trust with an 'Overweight' rating and a price target of ₹122. The foreign brokerage cited several key positives, including the company's defensive profile, steadily rising cash flows, low leverage, and potential for acquisitions. These factors collectively make Knowledge Realty Trust an attractive investment opportunity.
Strong demand for office space from the Gulf Cooperation Council (GCC) and the company's significant scale are additional factors that support the overweight rating. Morgan Stanley also noted that Knowledge Realty Trust offers the highest tax-free yield among listed Indian REITs, further enhancing its appeal to investors.
BoFA Securities has also initiated coverage on Knowledge Realty Trust with a 'Buy' rating and a price target of ₹110. The brokerage highlighted several key features of the REIT, including its geographic diversification, high exposure to GCC tenants, and low exposure to IT services. A healthy balance sheet with around 20% leverage and exposure to floating debt further strengthen the company's position.
Knowledge Realty Trust is sponsored by Blackstone and Sattva, two prominent players in the real estate and investment sectors. The recent update from the Securities and Exchange Board of India (SEBI) granting equity status to REITs is expected to broaden the investor base, making it easier for a wider range of investors to participate in the market.
Currently, shares of Knowledge Realty Trust are trading 0.38% higher at ₹112.79. The stock has risen 5% in the last one month, reflecting the positive sentiment and growing confidence in the company's future prospects.
Investors and analysts are optimistic about the potential for further growth and value creation, driven by the company's strong fundamentals and strategic initiatives. As the real estate market continues to evolve, Knowledge Realty Trust is well-positioned to capitalize on emerging opportunities and deliver sustained returns to its shareholders.
Frequently Asked Questions
What is Knowledge Realty Trust?
Knowledge Realty Trust is a real estate investment trust (REIT) backed by Blackstone and Sattva Group. It focuses on commercial real estate and has a strong presence in the Gulf Cooperation Council (GCC) region.
Why did Morgan Stanley give an 'Overweight' rating to Knowledge Realty Trust?
Morgan Stanley gave an 'Overweight' rating to Knowledge Realty Trust due to its defensive profile, steadily rising cash flows, low leverage, and potential for acquisitions. The company also offers the highest tax-free yield among listed Indian REITs.
What is the price target set by BoFA Securities for Knowledge Realty Trust?
BoFA Securities has set a price target of ₹110 for Knowledge Realty Trust, supporting their 'Buy' rating on the stock.
What recent regulatory change has impacted Knowledge Realty Trust?
The Securities and Exchange Board of India (SEBI) has granted equity status to REITs, which is expected to broaden the investor base for Knowledge Realty Trust and other REITs.
How has the stock performed in the last month?
Shares of Knowledge Realty Trust have risen 5% in the last one month, reflecting the positive sentiment and growing confidence in the company's future prospects.
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