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India: DLF ropes in Morgan Stanley, KPMG as advisors to Reit
Photo: Pradeep Gaur/Mint
January 31, 2021
The rental arm of DLF Ltd, India’s largest real estate firm, has appointed consultants as it prepares for a real estate investment trust, that could provide a significant leg-up to the country’s emerging Reit market.
It has appointed Morgan Stanley as banker, Shardul Amarchand Mangaldas & Co as legal advisor and KPMG as financial and tax advisor, the firm said in an analyst presentation.
Deliberations are on regarding the proposed Reit’s corporate and capital structure as well as asset perimeters, the firm said.
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