Citigroup Inc, Kotak Mahindra Capital Co and Axis Capital Ltd were picked to join Morgan Stanley to arrange the listing of the assets as real estate investment trust in Mumbai.
MUMBAI: Blackstone Group and Indian developer K Raheja Group have selected more banks for an initial public offering of their joint commercial property portfolio, according to sources.
Citigroup Inc, Kotak Mahindra Capital Co and Axis Capital Ltd were picked to join Morgan Stanley to arrange the listing of the assets as real estate investment trust in Mumbai, said the sources.
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