(BIRET) brook field India real estate trust has binding agreements to acquire
bharti enterprises stake a asset in Delhi ncr the companies said in a joint statement the acquisition includes 3.3 million of sq ft of commercial properties at an enterprise value of 6000 crore the total equity consideration stake fulfilled through a preferential allotment of units in BIRET to bharti at 300 rupees per unit following this bharti the unitholder in BIRET Canadian instutional investor
Brookfield listed REIT with an stake
Brookfield asset management a transaction about a stake in bharti enterprises commercial property in Delhi ncr the latest acquisition asset management will together the joint venture called rostrum reality the portfolio of assets includes operating
world mark assets at aero city new Delhi
a mixed use property covering a corporate facility of 700000 sq ft in north gurugram and world mark a mixed used asset a statement detailing it's BIRET
also said that Brookfield through its private real estate fund own the stake that it purchased April 2023
Brookfield India RIET a right of first offer to acquire the stake after and (aprail 2026) consolidate to ownership it said
this aquisition Brookfield India REIT
operating area by consolidated value through the addition of assets with Marquee front office tenancy
aquisition add to our portfolio BIRET
the diverse office RIET in India these assets with strong tenancy our retail operating area said
ankur Gupta
managing partner
head of real estate
for the Asia Pacific region Brookfield

the author
madurima nandy
and
Sniha shah
in in
benguluru/ Mumbai