Brookfield India REIT plans to raise up to Rs 5k cr via units sale

31 May 2022 CW Team

Brookfield India Real Estate Investment Trust (REIT) plans to raise up to Rs 5,000 crore via sales of units to institutional investors.

The board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India Real Estate Trust (Brookfield India), at its meeting held on Friday sanctioned the issuance of units of Brookfield India real estate investment trust (REIT) for an aggregate amount not surpassing Rs 50,000 million.

The company told the media that the units would be issued at a cost not less than the rate to be decided by Securities and Exchange Board of India's (SEBI) guidelines for REITs to eligible investors via an institutional placement in one or more tranches.

The firm will take approvals from its unitholders.

The Brookfield India Real Estate Trust is India’s only institutionally supervised public commercial real estate vehicle. The company is sponsored by an affiliate of Brookfield Asset Management Inc, one of the largest asset management firms in the world with a footprint spanning more than 30 countries, 150,000 and more operating employees, and assets of almost US$725 billion under management.

Image Source

Also read: Brookfield REIT records Rs 59.7 cr net income in Q3 FY22

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..