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Brookfield Reit seals India's record office real estate deal
Business Standard
|November 06, 2025
Brookfield India Real Estate Trust (Reit) has signed binding agreements to acquire Ecoworld, a Grade-A office campus spanning 7.7 million square feet (msf) in Bengaluru, for ₹13,125 crore.
This is India's biggest office transaction, on a 100 per cent acquisition basis, said Nishant Kabra, head, capital markets - North & West India, JLL. Other big deals include the DLF promoters' 40 per cent stake sale in DLF Cyber City Developers (DCCDL) to GIC and buyback of shares by DCCDL for ₹11,900 crore in 2017 and Blackstone's ₹7,467 crore investment in Prestige Group's commercial assets in 2021.
"This transaction underscores the growing maturity of India's Reit ecosystem. Reits are actively deploying capital and competing strongly for asset acquisitions, a sign of deepening institutional participation in commercial real estate," said Kabra.
Anuj Puri, chairperson, Anarock Group, 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.
This story is from the November 06, 2025 edition of Business Standard.
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