Brookfield Asset Management acquires minority stake in Indian developer, bolstering its local real estate portfolio.
Brookfield Asset ManagementReal Estate InvestmentIndiaPrivate EquityInfrastructureReal Estate NewsSep 03, 2024
Brookfield Asset Management Inc has been actively investing in India since 2009, with a focus on real estate, infrastructure, and private equity.
Brookfield manages a portfolio of $27 billion in India.
The Indian real estate market has been experiencing a resurgence in recent years, driven by government initiatives, increasing demand for commercial spaces, and a growing economy.
Brookfield Asset Management Inc is a global alternative investment manager with over $600 billion in assets under management.
Brookfield's investment in the Indian developer marks a significant expansion of its presence in India and demonstrates its confidence in the country's growth potential.
Dhaval Buch's role at Blackstone predates his wife Madhabi Buch's SEBI appointment, sparking concerns of potential conflicts of interest in regulatory changes affecting the REIT sector.
Discover how GDP growth, inflation, interest rates, and employment trends shape India's real estate market, influencing home prices, demand, and investment opportunities.
Tech cities like Bengaluru, Hyderabad, Chennai, and Pune are driving real estate demand from BFSI GCCs, while Mumbai and Delhi NCR are favored by domestic BFSI occupiers.
Prestige Estates Projects, a leading real estate company, reported a 13% decline in its net income to Rs 232.6 crore in the quarter ended June 2024, owing to increased expenses.
The CIOKlub Hyderabad Chapter recently organized the NexTech CIO Summit, bringing together top technology leaders to discuss the latest trends and innovations in the tech industry.
Real estate companies have made significant land acquisitions over the past few years, buying nearly 6,000 acres of land for Rs 90,000 crore to develop residential and commercial projects. This move is expected to boost the urban real estate market.