Brookfield REIT IPO: Brookfield India REIT lists at 2.4% premium over issue price
Explore Now MUMBAI: Canadian alternative investment major Brookfield Asset Management-backed Brookfield India Real Estate Trust’s Real Estate Investment Trust (REIT), on Tuesday, listed at Rs 281.70 per unit, up 2.4% against the issue price of Rs 275. The Rs 3,800-crore public issue priced between Rs 274 and Rs 275 per unit had closed with an overall subscription of eight times on February 5. In the retail investors’ category, the issue was oversubscribed by nearly 12 times and was oversubscribed by 5 times in institutional investors’ segment. This is India’s third REIT listing and s...