Updated Feb 16, 2021 | 13:24 IST
Brookfield REIT debuts on the exchanges, sees soft opening. Brookfield is India's third publicly listed REIT and only institutionally managed public commercial real estate vehicle.
(Representational Image)  |  Photo Credit: Getty Images
Key Highlights
REIT instruments gain popularity in India
Brookfield India Real Estate Trust (“Brookfield REIT”) is India’s only institutionally managed public commercial real estate vehicle. Sponsored by an affiliate of Brookfield Asset Management (“BAM”), one of the world’s largest alternative asset managers has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata.
Its portfolio comprises 14msf, which include 10.3msf of completed area, 0.1msf of under construction, and 3.7msf future development projects.