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Parsvnath Developers Ltd Plans To List Mall Assets As REIT-Reuters


Thursday, 7 Nov 2013 07:24am EST 

Reuters reported that Parsvnath Developers Ltd plans to list its two million square feet of shopping malls as a real estate investment trust (REIT). Parsvnath, which counts JPMorgan and U.S.-based private equity firm Red Fort Capital among its investors, plans to list the assets in India once the market regulator issues final guidelines on REITs, expected as soon as early next year. 

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30.15
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24 Jul 2014