India: DLF ropes in Morgan Stanley, KPMG as advisors to Reit

Photo: Pradeep Gaur/Mint

The rental arm of DLF Ltd, India’s largest real estate firm, has appointed consultants as it prepares for a real estate investment trust, that could provide a significant leg-up to the country’s emerging Reit market.

It has appointed Morgan Stanley as banker, Shardul Amarchand Mangaldas & Co as legal advisor and KPMG as financial and tax advisor, the firm said in an analyst presentation.

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