DLF rental arm's REIT issue size may be far bigger than previous issues

DLF arm's REIT could come out in 12-15 months, DLF director Ashok Tyagi said in a conference call last week

Initial public issue size of DLF rental arm's real estate investment trust or REIT could be far higher than the past issues due to geographies and type of assets the REIT will hold, said capital market experts.

"This may be the largest public issue of any REIT due to geographic concentration and assets," said a real estate analyst who has worked on past REIT issues.

DLF rental arm DLF Cyber City Developers has properties  in National Capital Region, Kolkata , Chennai and so on. DCCDL is a JV between DLF and Singapore's GIC.

Shobhit Agarwal , managing director of Anarock Capital said:" It