India: Oberoi Realty to set up mall business unit

India: Oberoi Realty to set up mall business unit

Photo: Mint

Oberoi Realty Ltd (ORL), the country’s second largest real estate firm by market value, is setting up a separate shopping mall business unit under which it plans to build a significant retail portfolio in the next few years and eventually look at a real estate investment trust (REIT) listing.

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