Brookfield REIT debuts at Rs 279, with marginal increase over issue price
Tue, Feb 16, 2021 11:31 AM

Brookfield REIT debuts at Rs 279, with marginal increase over issue price

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Brookfield REIT made its debut at the stock exchange with a marginal premium at Rs 279 on the National Stock Exchange, on February 16, against issue price of Rs 275. The REIT raised Rs 3,800 crore through a public issue which was subscribed 7.94 times during February 3-5. Brookfield REIT will utilise IPO proceeds for repayment of debts availed by its Asset SPVs.

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