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Brookfield, Blackstone in race to acquire ESR-Allianz assets
Financial Express Lucknow
|October 15, 2025
Deal value pegged at around %4,000 cr
BROOKFIELD ASSET MANAGEMENT and Blackstone Group, two of the largest global investors, have emerged as the front runners to buy the 10-million-square-feet warehousing portfolio of ESR-Allianz, sources in the know said.
The deal value is expected to be around %4,000 crore.
ESR-Allianz will decide on the ultimate winner soon, one of the sources said. ESR-Allianz is an equal joint venture between Asia-Pacific-focused logistics developer & investor ESR and Allianz Real Estate, part of German group Allianz.
This story is from the October 15, 2025 edition of Financial Express Lucknow.
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