Brookfield India Real Estate Investment Trust (REIT) is purchasing Bharti Enterprises’ 50% stake in their joint venture, acquiring four Grade A assets. The deal, valued at Rs 6,000 crore, includes prominent properties like Worldmark assets and Airtel Center. Bharti will receive preferential units in the REIT, becoming the second largest unitholder. The acquisition expands Brookfield India REIT’s portfolio and retail operating area, enhancing its diversity. Bharti Realty Limited, the real estate arm of Bharti Enterprises, continues to focus on development projects, including India’s largest mall at Delhi Airport’s Aerocity.
Brookfield India REIT Acquires Bharti Enterprises’ Stake in Joint Venture
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