Brookfield could be planning to initiate a $500 million real estate trust and this could very well create new opportunities for the segment in India.

As the Canadian asset management organisation, Brookfield is all set to create a real estate investment trust (REIT) and list it in India, the move is likely to revitalize the country’s real estate segment towards a renewed prospect to growth and prosperity.

This can very soon be a reality, once India finalizes its rules governing REITs, which are typically attuned to provide high dividend yield along with capital appreciation to the investor community and hence this could very well create a unique set of value proposition for investors eyeing the real estate segment in India. [Read more...]