Brookfield's $507m Indian REIT IPO subscribed 8 times on final day

Brookfield's $507m Indian REIT IPO subscribed 8 times on final day

Key Speakers At The Brookfield Asset Management Inc. Annual General Meeting Photo: Bloomberg

The initial public offer (IPO) of Canadian alternative asset manager Brookfield’s maiden Indian REIT – Brookfield India Real Estate Trust- successfully closed on Friday, witnessing a subscription of 7.97 times.