+
Brookfield India REIT to Acquire Bharti's Stake in Realty JV
Real Estate

Brookfield India REIT to Acquire Bharti's Stake in Realty JV

Brookfield India Real Estate Trust (BIRET) is set to acquire nearly 50% stake in a real estate joint venture with Bharti Enterprises. This joint venture, Rostrum Realty Private Limited, includes properties across Delhi-NCR. The transaction is valued at approximately ?6,000 crores. Last year, Brookfield Asset Management already acquired a similar stake in four Bharti commercial properties.

With this acquisition, Brookfield?s REIT in India and Brookfield Asset Management will collectively control Rostrum Realty. This move is part of Brookfield's strategy to expand its real estate portfolio in India. The board of Brookfield India REIT is currently finalising the deal, with a decision expected soon.

Despite Brookfield?s non-response to inquiries, market analysts see this acquisition as a strategic step to enhance the REIT?s asset base and provide long-term value to shareholders. Bharti Enterprises is divesting its stake to focus on its core telecom operations. The JV properties include prime office spaces, attracting high rental yields and stable occupancy rates.

Brookfield India REIT, backed by a global asset management leader, continues to strengthen its foothold in India's burgeoning real estate market. This acquisition underscores Brookfield's commitment to leveraging growth opportunities within the Indian commercial real estate sector.

Brookfield India Real Estate Trust (BIRET) is set to acquire nearly 50% stake in a real estate joint venture with Bharti Enterprises. This joint venture, Rostrum Realty Private Limited, includes properties across Delhi-NCR. The transaction is valued at approximately ?6,000 crores. Last year, Brookfield Asset Management already acquired a similar stake in four Bharti commercial properties. With this acquisition, Brookfield?s REIT in India and Brookfield Asset Management will collectively control Rostrum Realty. This move is part of Brookfield's strategy to expand its real estate portfolio in India. The board of Brookfield India REIT is currently finalising the deal, with a decision expected soon. Despite Brookfield?s non-response to inquiries, market analysts see this acquisition as a strategic step to enhance the REIT?s asset base and provide long-term value to shareholders. Bharti Enterprises is divesting its stake to focus on its core telecom operations. The JV properties include prime office spaces, attracting high rental yields and stable occupancy rates. Brookfield India REIT, backed by a global asset management leader, continues to strengthen its foothold in India's burgeoning real estate market. This acquisition underscores Brookfield's commitment to leveraging growth opportunities within the Indian commercial real estate sector.

Next Story
Real Estate

Concorde Buys Land in Hennur for Rs 5 billion Housing Project

Concorde has acquired a 3-acre land parcel in Hennur, North Bengaluru, for a premium high-rise residential development. With a total saleable built-up area of approximately 4.25 lakh sq ft, the project carries a Gross Development Value (GDV) of around Rs 5 billion and is expected to be launched in FY 2026–27. The upcoming project will comprise thoughtfully designed 2 and 3 BHK residences, catering to urban homebuyers seeking quality, connectivity, and community. It marks Concorde’s continued expansion in the high-demand North Bengaluru corridor. “This investment underlines our ..

Next Story
Building Material

Shree Cement Appoints Jay Mukhopadhyay as Safety Head

Shree Cement, one of India’s leading cement manufacturers, has appointed Jay Mukhopadhyay as its Corporate Safety Head. With over 30 years of experience in Health, Safety & Environment (HSE), Mukhopadhyay brings strong expertise in embedding safety into corporate culture.He has previously led large-scale safety programs and is recognised for driving people-first, compliance-oriented safety systems across industrial operations.At Shree Cement, Mukhopadhyay will spearhead safety strategy across all plants and project sites. His focus will include developing unified safety frameworks, promo..

Next Story
Infrastructure Urban

REC Reports Record Quarterly Profit of Rs 4,451 Crore

REC has reported its highest-ever quarterly profit, with net profit reaching Rs 4,451 crore for the quarter ended June 30, 2025. The Board of Directors approved the standalone and consolidated financial results for Q1 FY26.Key Highlights – Q1 FY26 vs Q1 FY25 (Standalone):• Disbursements rose by 36 per cent to Rs 59,508 crore• Total income increased 13 per cent to Rs 14,734 crore• Net interest income climbed 17 per cent to Rs 5,247 crore• Net profit grew 29 per cent to Rs 4,451 crore• Return on net worth improved by 312 bps to 22.63 per centThe company sustained strong growth across..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?