Brookfield India REIT to launch Rs 3,800-crore IPO on February 3; check details
The proceeds from the issue will be used for partial or full repayment of existing debt, the company said in its DHRP
BusinessToday.In | January 29, 2021 | Updated 14:03 IST
Link Intime India Private Ltd is the registrar for the REIT. Bank of America, Citigroup Inc and Morgan Stanley are managing the IPO
Canadian asset manager Brookfield Asset Management-backed Brookfield India Real Estate Trust (REIT) will open its initial public offer (IPO) for subscription from February 3 to February 5. The company plans to raise Rs 3,800 crore through an IPO.
Brookfield India Real Estate Trust IPO will be the third REIT listing after Blackstone Group Inc backed Mindspace Business Parks REIT last year and Embassy Office Parks REIT in 2019.