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Brookfield readies Rp38bn Indian Reit IPO
Brookfield Asset Management is set to launch India’s third real estate investment trust IPO next week, as it aims to raise Rp38bn ($520.8m) from a mix of new and existing stock.
The orderbook for Brookfield India Real Estate Trust is set to open on February 3 for a three-day bookbuilding. The trust’s units will be on offer at Rp274.00 to Rp275.00 each.
The Reit IPO market is still nascent in India. But the looming deal shows a rise in ...Already a subscriber? Login
