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 Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..