Brookfield India REIT to Buy Rs 131.25 Billion Bengaluru Assets

07 Nov 2025 CW Team

The acquisition, which qualifies as a related party transaction, will be carried out on an arm’s length basis, the company said in a regulatory filing on Tuesday.

The Board of Directors of Brookprop Management Services Pvt Ltd, the manager of BIRET, has approved the purchase of up to 100 per cent equity in Arliga Ecoworld Business Parks Pvt Ltd — the entity owning the assets — from its existing shareholder, BSREP III New York FDI I (DIFC) Ltd, and its nominee, BSREP III New York II (DIFC) Ltd, both part of the Brookfield Group.

“Building on our strong inorganic growth track record, we announced the proposed acquisition of Ecoworld, a 48-acre office campus with 7.7 million square feet of leasable area located on the Outer Ring Road (ORR) in Bengaluru,” said Alok Aggarwal, Chief Executive Officer and Managing Director of Brookfield India REIT.

“This acquisition marks our entry into one of India’s most dynamic office markets, expanding our REIT portfolio by over 30 per cent and positioning us as a truly pan-India platform. Our embedded growth prospects remain robust, supported by steady leasing momentum and a strong operating portfolio,” he added.

Ecoworld, one of Bengaluru’s most prominent business parks, hosts leading global and domestic corporates. The acquisition will significantly increase BIRET’s exposure to the city’s thriving technology corridor, which continues to witness high-grade office space demand.

Currently, BIRET manages 10 Grade-A commercial assets across Delhi, Mumbai, Gurugram, Noida, and Kolkata. Its existing portfolio comprises 29.1 million square feet of total leasable area, including 24.6 million square feet of operational assets, 0.6 million square feet under construction, and 3.9 million square feet of future development potential.

With the addition of the Bengaluru asset, Brookfield India REIT aims to further diversify its portfolio and strengthen its leadership in India’s premium office market, supported by continued investor confidence and long-term rental stability.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Brookfield India Real Estate Trust (BIRET) has announced plans to acquire 7.7 million square feet of commercial assets in Bengaluru for Rs 131.25 billion, as part of its strategy to expand its business footprint across India. The acquisition, which qualifies as a related party transaction, will be carried out on an arm’s length basis, the company said in a regulatory filing on Tuesday. The Board of Directors of Brookprop Management Services Pvt Ltd, the manager of BIRET, has approved the purchase of up to 100 per cent equity in Arliga Ecoworld Business Parks Pvt Ltd — the entity owning the assets — from its existing shareholder, BSREP III New York FDI I (DIFC) Ltd, and its nominee, BSREP III New York II (DIFC) Ltd, both part of the Brookfield Group. “Building on our strong inorganic growth track record, we announced the proposed acquisition of Ecoworld, a 48-acre office campus with 7.7 million square feet of leasable area located on the Outer Ring Road (ORR) in Bengaluru,” said Alok Aggarwal, Chief Executive Officer and Managing Director of Brookfield India REIT. “This acquisition marks our entry into one of India’s most dynamic office markets, expanding our REIT portfolio by over 30 per cent and positioning us as a truly pan-India platform. Our embedded growth prospects remain robust, supported by steady leasing momentum and a strong operating portfolio,” he added. Ecoworld, one of Bengaluru’s most prominent business parks, hosts leading global and domestic corporates. The acquisition will significantly increase BIRET’s exposure to the city’s thriving technology corridor, which continues to witness high-grade office space demand. Currently, BIRET manages 10 Grade-A commercial assets across Delhi, Mumbai, Gurugram, Noida, and Kolkata. Its existing portfolio comprises 29.1 million square feet of total leasable area, including 24.6 million square feet of operational assets, 0.6 million square feet under construction, and 3.9 million square feet of future development potential. With the addition of the Bengaluru asset, Brookfield India REIT aims to further diversify its portfolio and strengthen its leadership in India’s premium office market, supported by continued investor confidence and long-term rental stability.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..