Property Share Investment Trust, India’s pioneering registered Small and Medium Real Estate Investment Trust (SM REIT), has filed a draft red herring prospectus for a Rs. 472 crore initial public offering (IPO) of its latest scheme, PropShare Titania. This marks the second offering from the trust and underscores growing investor interest in yield-generating commercial real estate assets amid equity market volatility. Titania, located in Mumbai’s Thane region, features 437,973 square feet of ESG-certified, Grade A+ office space fully leased by Fortune 500 firms and MNCs.