India: Oberoi Realty plans REIT listing of select commercial portfolio

India: Oberoi Realty plans REIT listing of select commercial portfolio

Photo: Mint

Oberoi Realty Ltd expects to generate rental revenue of around Rs1,000 crore in the next three years from its existing and upcoming commercial portfolio, a top executive said. The company, India’s second largest builder by market value, plans to list these assets on a Real Estate Investment Trust (REIT) as well.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter