Mumbai– Brookfield India Real Estate Investment Trust (REIT) has announced plans to raise up to ₹3,500 crore through an issue of new units, marking a significant move in the Indian real estate sector. The fund-raising initiative, aimed at expanding the REIT’s portfolio, will allow the firm to tap into the growing investor interest in India’s commercial real estate market.
The proposed issuance is set to be conducted through a qualified institutional placement (QIP) or a similar mechanism, targeted primarily at institutional and accredited investors. The move is expected to strengthen Brookfield India REIT’s financial position and provide additional capital for further acquisitions and developments of high-quality office spaces.
Brookfield India REIT, a joint venture between Brookfield Asset Management and India’s leading real estate developers, owns a premium portfolio of office assets across key cities like Mumbai, Bengaluru, and Delhi-NCR. The trust focuses on generating steady returns for unitholders by investing in Grade A office properties with long-term leases from multinational corporations and established firms.
This fund-raising initiative comes as the Indian commercial real estate market witnesses a resurgence in demand, driven by a strong recovery in the office leasing sector post-pandemic. According to analysts, this capital raise will further bolster Brookfield India REIT’s ability to expand its footprint and benefit from the increasing demand for quality office spaces in major urban centers.
The issuance of new units will also provide investors with an opportunity to increase their stake in a high-growth asset class, offering a mix of stable returns and long-term capital appreciation. The REIT has not yet disclosed the timeline for the issue, though it is expected to be launched soon, subject to regulatory approvals.
