Mindspace

Brookfield REIT plans $600 mn IPO

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Brookfield REIT plans 0 mn IPO

MUMBAI: Global asset management major Brookfield will file for a USD 600 million (around Rs 4,440 crore) initial public offering for its real estate investment trust (REIT), merchant banking sources said on Thursday. The Canadian asset manager is filing the Draft Red Herring Prospectus (DRHP), making it the third REIT to be listed in the … Read more

Our investing theme in India remains IT across realty and PE: Christopher Heady, Blackstone Group

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Our investing theme in India remains IT across realty and PE: Christopher Heady, Blackstone Group

US private equity major Blackstone Group has invested over $8 billion in Indian real estate and continues to be bullish on the country’s property sector, especially office spaces, even as it evaluates more investment opportunities here, said Christopher Heady, Asia-Pacific chairman and senior managing director, Blackstone. In an exclusive chat with Kailash Babar, Heady talks … Read more