Brookfield India’s REIT IPO allays fears of disruption in office space market due to work-from-home culture
It also strengthens India’s story of attracting global institutional capital for commercial real estate.
Alternative asset manager Brookfield’s announcement of its Rs 3,800-crore initial public offer (IPO) for its real estate investment trust (REIT) further strengthens India’s story of attracting global institutional capital for commercial real estate.
It allays fears of disruption in office space due to COVID-19 and the emphasis on work from home, say real estate experts, adding that it would encourage more real estate asset owners to come up with REIT listings in the future.