Brookfield is said to push ahead with India REIT IPO by year end

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By Baiju Kalesh Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as 38 billion rupees ($513 million), according to people familiar with the matter. The Canadian asset manager has received good response from investors including sovereign wealth … Read more

Indiabulls Real Estate, Embassy Group finalize merger terms, share swap

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MUMBAI | BENGALURU: Indiabulls Real Estate and two subsidiaries of Embassy Group have entered into a definitive agreement to merge their residential and commercial projects across markets to create one of the largest property development platforms in the country. The combined entity will hold both the developers’ ongoing, completed but unsold and planned projects with … Read more