Brookfield India Real Estate Investment Trust (REIT) has appointed eight investment banks for its planned equity raising of around $400 million, and is targeting the deal's closure by July, three people with direct knowledge said.
A man walks at the seafront as scattered clouds are seen over Mumbai's skyline, India, June 10, 2015. REUTERS/Danish Siddiqui/File PhotoInvestment banks hired including Morgan Stanley, Kotak-sourcesIndia real estate sector currently hot for dealmakinghas appointed eight investment banks for its planned equity raising of around $400 million, and is targeting the deal's closure by July, three people with direct knowledge said.
The Indian REIT of one of the world's largest alternative asset groups Brookfield manages 18.7 million square feet of office parks and buildings in cities such as Mumbai, Kolkata and Gurugram near New Delhi. Its tenants include Accenture
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