Brookfield arm to buy 50% in 4 Bharti assets

Thursday, 16 May 2024
Brookfield India Real Estate Trust acquires 50% stake in grade A assets from Bharti Enterprises, including 33 lakh sqft commercial properties at Rs 6,000 crore. The equity consideration is fulfilled through preferential allotment in BIRET, making Bharti the second largest unitholder. Assets include Worldmark properties in Aerocity New Delhi, Airtel Center in North Gurugram, and Worldmark Gurugram.

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IGIA Aerocity: Brookfield India to acquire 50% stake in 4 Bharti Enterprises properties

Brookfield India Real Estate Trust (BIRET) has entered into definitive agreements to purchase a 50% stake in four prime grade A assets from Bharti Enterprises....
IndiaTimes on May 16, 2024

Brookfield arm to buy 50% in 4 Bharti assets

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IGIA Aerocity: Brookfield India to acquire 50% stake in 4 Bharti Enterprises properties