India Reits set to debut in early 2017
Investors can expect to see listed property and infrastructure vehicles in India early next year, says Peter Verwer, CEO of the Asia Pacific Real Estate Association.
India’s real-estate investment trust (Reit) market is poised for take off, with at least seven IPOs at various stages of readiness.
Peter Verwer, chief executive of the Asia Pacific Real Estate Association (Aprea), said the Reit or Reit-like structures were being prepared for initial public offerings, with the Securities and Exchange Board of India (Sebi) expected to approve the first deals in the first quarter of 2017.
India has installed a legislative framework for Reits and r…
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