Brookfield, a private real estate fund, will purchase a 51 per cent stake from Bharti Enterprises of four properties totalling 3.3 million square feet
The proposed investment, which values the hived off entity at Rs 8,000 crore, will be carried out through Brookfield's Special Investments programme and with its institutional partners
Announces a planned distribution of Rs 150 crore (Rs 5.00 per unit) this quarter, with 34 per cent of distributions tax free for unit holders
The non-banking financial company (NBFC) expects to grow loan book 4-5 times and also enter financing of used cars and tractors as part of its medium-term strategy
Brookfield has declared a Rs 180-crore dividend payout for the September quarter, taking its total profit distribution to Rs 390 crore since listing in February
This is one of the biggest office leasing deals in the technology space in recent years
The JV would expand Brookfield Infrastructure's global data infrastructure portfolio, which includes $23 billion in assets across data transmission, distribution and storage
Real estate experts said the price paid by Brookfield is in line with the market
The venture will expand Brookfield Infra's global data portfolio of $23 billion in assets across data transmission, distribution and storage, and 139,000 telecom wireless towers India
Pandemic-led growth challenges, higher debt and valuations could cap near-term gains
The Nifty Pharma index edged up 3 per cent, followed by gains in the Nifty PSB index (up 2.3 per cent), and the Nifty Pruvate Bank index (up 2 per cent)
The Rs 3,800 crore-IPO of the REIT will open on Wednesday
The Rs 3,800 crore-IPO of the REIT will open on Wednesday
The Real Estate Investment Trust (REIT) public issue will hit the capital market on Wednesday
Brookfield is an alternative asset manager
Bharti Realty's properties in the three WorldMark towers in Delhi Aerocity and another in Gurugram are part of the deal
The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt of Rs 87,296 crore, which includes suppliers' credit
The Canadian asset manager is acquiring 12.5 million square feet of rent-yielding offices and co-working spaces from RMZ Corp
Brookfield's proposal to launch REIT public issue for raising over Rs 4,000 crore augurs well for the future of India's office market, according to realty experts.
High interest rates, low-risk model key attractions for overseas investors