360 ONE Asset Acquires 13 Per Cent Stake in Ecoworld Bengaluru

360 ONE Asset has acquired a 13 per cent stake in Ecoworld Bengaluru, an asset owned by Brookfield India REIT, for Rs 1,125 crore, equivalent to Rs 11.25 billion (bn). The transaction was announced on the basis of reporting by Moneycontrol and represents a direct purchase of a minority interest in a single real estate asset located in Bengaluru. The consideration for the stake was paid by the asset manager's investment vehicle and completes a block acquisition from the REIT's holdings.

The deal increases 360 ONE Asset's exposure to Indian real estate through a structured purchase from Brookfield India REIT and adjusts the shareholder mix for the Ecoworld Bengaluru property. Market participants were cited in reports as noting persistent investor appetite for REIT-linked assets, and the acquisition was described as part of broader capital allocation into income-producing property. The transaction size underlines the scale of institutional capital moving into the listed real estate segment.

Brookfield India REIT continues to manage a portfolio of assets across major cities and has undertaken disposals and stake rearrangements to optimise capital deployment. The sale of a minority stake in Ecoworld Bengaluru is consistent with such portfolio management activity and provides liquidity to the REIT for other strategic uses. The precise structure of the sale and any ancillary arrangements were outlined in reporting but remain transactions between the asset manager and the REIT.

Analysts commenting in public reports interpreted the acquisition as a bid to secure steady income streams and diversify asset holdings, while noting that such deals can reshape ownership profiles without changing operational control. The purchase by 360 ONE Asset for Rs 1,125 crore is a notable example of institutional investment into Indian real estate and will be monitored for its implications on REIT valuation and secondary market activity.

Related Stories