3rd REIT in India to become reality soon: Brookfield India REIT raises Rs 1,710 cr from anchor investors
New Delhi: Brookfield India Real Estate Trust has been able to raise Rs 1,710 crore from as many as 39 anchor investors.
International entities like Schroders and Prusik have participated in the fund raising. Some of the Indian financial institutions that have participated in the round include TATA AIG, Kotak Mahindra AMC, HDFC AMC, SBI Life and Bajaj Holdings.
These ‘anchor investors’ have committed an investment Rs 275 per unit. The public issue has opened today and will close on Friday. The size of the issue is Rs 3,800 crore.