As part of the deal, a Brookfield-managed private real estate fund now owns a 51% stake in this joint venture, while Bharti Enterprises continues with a 49% stake
The 3.3 million square feet deal involves Bharti Enterprises’ four assets in Delhi, Gurugram and Punjab, with Brookfield taking a controlling 51 percent stake in these properties
Airtel plans to take 5G services to 300 cities by March ’24 from 70 at present.Airtel will also expand its coverage into 60,000 new villages and 40,000 community clusters
Canada-based alternative asset management firm Brookfield will buy 51 per cent stake in Bharti Enterprises four commercial properties in India for Rs 5,000 crore, according to a joint statement released by the two firms on Friday.