India companies look to Singapore to list REITs

04/12/2010 | Economic Times (India), The

Indian company Cache Logistics Trust raised $300 million on Singapore's stock exchange, prompting other Indian firms to consider listing their real estate trusts there. Embassy Group, DLF and Unitech are said to be considering such a move. "Cache's success could point to a REITs proliferation in Singapore," according to a source. "Some of the Indian companies have been approaching bankers for the process."

View Full Article in:

Economic Times (India), The

Published in Brief: