Brookfield India Real Estate Trust Launches ₹3,500 Crore QIP at ₹320 per Unit
Brookfield India Real Estate Trust (BIRET) has launched a qualified institutional placement (QIP) to raise ₹3,500 crore, according to sources privy to the developments. The indicative price for the issue is ₹320 per unit, which represents a 3.4% discount to the current market price. The QIP size amounts to 17.1% of the company’s pre-issue units.
The proceeds from this fundraising will be allocated toward the acquisition of Ecoworld as well as the repayment of existing debt. This strategic move is expected to strengthen BIRET's financial position and expand its portfolio.
Last week, unitholders of Brookfield India Real Estate Trust approved a proposal to raise funds through institutional placements in one or more tranches. In a regulatory filing, the company stated that the issue committee of the board of directors of Brookprop Management Services Pvt Ltd, the manager of Brookfield India REIT, approved the opening of the QIP issue on December 4, 2025, for receiving bids.
Brookfield India REIT manages a portfolio of 10 Grade A assets located in key cities such as Delhi, Mumbai, Gurugram, Noida, and Kolkata. The total leasable area of these assets is 29.1 million square feet, which includes 24.6 million square feet of operating area, 0.6 million square feet of under construction area, and 3.9 million square feet of future development potential.
This QIP launch comes at a time when the real estate sector in India is witnessing significant growth, driven by increasing demand for Grade A office spaces and residential properties. BIRET's strategic focus on high-quality assets in prime locations positions it well to capitalize on this growth.
Shares of Brookfield India Real Estate Trust ended at ₹331.62, down by ₹2.11, or 0.63%, on the BSE. Despite the slight dip, the market remains optimistic about BIRET's future prospects, especially with the planned acquisition of Ecoworld and the financial flexibility provided by the QIP.
Brookfield India Real Estate Trust is a leading real estate investment trust in India, managed by Brookprop Management Services Pvt Ltd. The trust aims to generate regular income and capital appreciation for its unitholders by investing in a diversified portfolio of high-quality real estate assets. With a strong track record and a robust pipeline of projects, BIRET is well-positioned to continue its growth trajectory in the coming years.
