Try GOLD - Free
Brookfield Reit seals India’s record office real estate deal
Business Standard
|November 06, 2025
Anuj Puri, chairperson, AnarockGroup, termed the deal as the biggest Reit acquisition in India so far. It’s a major event in the country's commercial real estate market, Puri said.
-
Ecoworld is built across 48 acres on Bengaluru’s Outer Ring Road — one of India’s busiest office micro-markets.
‘The Board of the Manager for Brookfield India Reit has proposed to fund the acquisition through %3,500 crore of new debt issuance, %1,000 crore of cash proceeds from a preferential issue in the second quarter of FY26, anda new equity issuance of 2,500 crore.
This is a related-party transaction, as the seller, BSREP III New York FDI I (DIFC) Limited, is part of the Brookfield group. According to two independent valuations, the average value of the asset stood at %14,044.1 crore.
This story is from the November 06, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
15 ‘no; 2 ‘yes’ votes: CAFE relief for small cars leaves industry divided
Mercedes-Benz was “neutral”, Toyota was “for consensus”, Maruti Suzuki India (MSIL) and Renault said “yes”, and the remaining 15 carmakers said “no” when asked to give their final vote on the proposal to allow a weight-based exemption for small cars under the CAFE emission norms, Business Standard has learnt.
3 mins
November 17, 2025
Business Standard
Commodities spur India Inc's Sep qtr showing
Other key sectors continue to struggle with low single-digit growth in revenues and earnings
3 mins
November 17, 2025
Business Standard
Can fresh reforms fix power sector debt?
After four failed reform drives, a new plan aims to rescue India’s debt-laden power discoms through privatisation, accountability, long-term financial fixes
4 mins
November 17, 2025
Business Standard
COP30 at halftime sees EU pushback on India, China’s CBAM, finance moves
Two issues on financial obligations of developed countries and unilateral trade agreements were dropped from the COP agenda after resistance from developed nations
4 mins
November 17, 2025
Business Standard
Compliance cost may rise for firms
The cost of operations for companies and data fiduciaries dealing with user data in India is likely to increase over the next 18 months as they implement new systems for data mapping, deploy consent management tools, and establish data protection offices, according to industry and legal experts. These new systems must be implemented to comply with the rules of the Digital Personal Data Protection (DPDP) Act.
3 mins
November 17, 2025
Business Standard
Protecting investors and savers
Can the banking regulator consider introducing a ‘check tool for all online deposit transactions?
5 mins
November 17, 2025
Business Standard
Craft spirits pour new energy into India's alcobev giants
India’s young, quality-conscious drinkers are driving a surge in craft gin and vodka, prompting major alcohol beverage (alcobev) companies to snap up boutique spirits brands. These acquisitions provide established players with a low-cost entry into fast-growing niches, allowing them to capture early momentum and diversify beyond traditional liquor categories.
2 mins
November 17, 2025
Business Standard
COP30 sees EU pushback against India, China's CBAM, finance moves
At the Conference of Parties (COP), the 30th edition of the annual United Nations (UN) сп taking place in Belem this year, rich nations are refusing to address concerns over trade and finance raised by developing countries like India, China, or Jamaica. Nor have they paid attention to the concerns of the indigenous dwellers of the Amazon.
1 min
November 17, 2025
Business Standard
'Muskuraiye...? Public transport woes dent Lucknow's tagline
Lucknow's tagline, \"Muskuraiye, aap Lucknow mein hain!\"
1 min
November 17, 2025
Business Standard
SMID multiples bubble, but PEG keeps lid on
Surface froth looks intense, yet expected growth tempers risk
1 min
November 17, 2025
Listen
Translate
Change font size
