The initial public offer of Brookfield India Real Estate Investment Trust (REIT) got subscribed 8 times on the final day of subscription on Friday. It received bids for 60,59,44,400 units against 7,62,78,200 units on offer.
The initial public offer of Brookfield India Real Estate Investment Trust (REIT) was subscribed 77 per cent on Thursday, the second day of subscription.
Brookfield REIT IPO Date: Brookfield REIT is the the country's only 100 per cent institutionally managed public commercial real estate vehicle. The price band is fixed at Rs 274 to Rs 275. Retail investors can bid for minimum 200 shares.
Sandeep Mathrani has been appointed as the new CEO of co-workspace company WeWork. Sandeep Mathrani has previously served as CEO of Brookfield Properties' retail group for eight years.
Canadian firm Brookfield will pay less for the 51 per cent stake in RCom's mobile tower business.
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