Brookfield readies Rp38bn Indian Reit IPO

By Jonathan Breen
29 Jan 2021

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 ...

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