Brookfield to push ahead with $513 mn India REIT IPO by 2020-end: Report

Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as Rs 38 billion ($513 million), according to people familiar with the matter.

The Canadian asset manager has received good response from investors including sovereign wealth funds and pension managers at roadshows in the past two weeks, one of the people said. 
 

Brookfield plans to continue gauging investor demand for three more weeks before proceeding with a retail offer, the person said.

While Brookfield is targeting to complete the offering by the end of the year,