Fortis Healthcare eyes Singapore REIT-sources

Reuters, 6 Sep 2010
NEW DELHI, Sept 6 (Reuters) - Indian hospital operator Fortis Healthcare (FOHE.BO) is looking to list a real estate investment trust in Singapore in the next six months to house its property assets and is looking at a valuation of $600-700 million, a senior company executive said.
The executive said a listing of all of the firm's property assets would depend on market conditions in Singapore and the valuation may go up if property prices surged in India. Full story

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