Should investors apply for Brookfield IPO? By Yash Gupta, Angel Broking
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Brookfield REIT owns an initial portfolio of 4 large campus format office parks which are located in Mumbai, Gurugram, Noida and Kolkata with an initial portfolio size of 14.0 Msf, comprising 10.3 Msf of completed area, 0.1 under development and 3.7 Msf of future development.
So retail investors can buy this REIT and hold it for long term such as they have invested in real estate property. Retail investors may get listing gains of 5%-12% on listing day
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
