It received bids for 5,88,18,600 units against the 7,62,78,200 on offer, according to an update on the NSE
The Real Estate Investment Trust (REIT) public issue will hit the capital market on Wednesday
RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore
Brookfield is steadily building a credit portfolio in real estate. It has built a loan book of $1 billion in the past couple of years
Brookfield will also become a co-promoter in IndoStar and nominate two board members. R Sridhar will continue to lead the company in his role as vice-chairman and CEO of IndoStar
KKR was also in talks to acquire majority stake in Aadhar Housing Finance, a unit of Wadhawan Global Capital
Undertakes commercial project for Pune landlord
Globally, Blackstone owns 230 mn sq ft, as against Brookfield's 131 mn sq ft