Brookfield India Real Estate Trust has signed a binding agreement to acquire a 50% stake in four Bharti Enterprises properties for 60 billion rupees , including debt, it said on Thursday. .
The enterprise value of the properties is Rs 6,000 crore. Bharti has become the second largest unitholder in BIRET, with an ownership stake of 8.53 percent
Canadian alternative investment firm Brookfield is taking full control of four commercial properties in northern India after agreeing to buy joint venture partner Bharti Enterprises ..
Brookfield India REIT to acquire Bharti Enterprises' stake in realty assets livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Fuelled by improved market sentiments and robust underlying demand, fundraising by issuing shares/units to institutional investors soared to Rs 78,000 crore in 2023-24, a more than seven-fold surge year-on-year.