India: RMZ in talks with bankers for $300m REIT offering

India: RMZ in talks with bankers for $300m REIT offering

Real estate developer RMZ Corp. has started the process of selecting investment banks to manage its initial public offering (IPO) for its proposed real estate investment trust (REIT) which could see the developer raise more than Rs2,000 crore, three people aware of the development said.

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