Bagmane Prime Office REIT (Real Estate Investment Trust), a Bengaluru-based commercial office REIT comprising business parks, has fixed a price band of ?95 to ?100 per unit for its ?3,405 crore initial public offering (IPO), which opens on May 5. The IPO comprises a fresh issue of units aggregating up to ?2,390 crore by the REIT and an offer for sale of units aggregating up to ?1,015 crore by BREP Asia III India Holding, an affiliate of Blackstone. The IPO will close on May 7, 2026.