Real Estate
India's REIT Sector Poised for Annual Growth Over Next 3-5 Years
India's real estate investment trust (REIT) sector is set for robust expansion, with at least one new REIT expected to enter the market each year over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence.
Real Estate
Brookfield Sells 50% Stake in Pune Office Park to 360 ONE Asset
Global investor Brookfield Asset Management has sold a 50% stake in Bluegrass Business Park, Pune, to 360 ONE Asset for an enterprise value of ₹2,400 crore, marking a significant addition to the latter's institutional real estate portfolio.
Real Estate Pune
360 ONE Asset Acquires 50% Stake in Bluegrass Business Park for ₹2,400 Crore
360 ONE Asset has acquired a 50% stake in the Bluegrass Business Park in Pune from Brookfield Asset Management's private real estate fund for an enterprise value of ₹2,400 crore. The park spans 7 acres and includes a 1 million sq. ft. operational tower leased to Mastercard and an under-construction office tower with high-street retail.
Real Estate Pune
360 ONE Asset Acquires 50% Stake in Pune Mixed-Use Project from Brookfield for Rs 2,400 Crore
Wealth and asset management firm 360 ONE Asset has acquired a 50% stake from Brookfield Asset Management in the Bluegrass Business Park in Pune, a mixed-use project with one operational tower and one under construction. The deal is valued at Rs 2,400 crore.
Real Estate Pune
Brookfield Sells Stake in Pune Office Park to 360 ONE Asset: A Strategic Move
Global investor Brookfield Asset Management has sold a 50% stake in the Bluegrass Business Park in Pune to 360 ONE Asset, highlighting the growing interest in India's resilient office market.
Real Estate Pune
360 ONE Asset Acquires 50% Stake in Bluegrass Business Park in Pune for ₹2,400 Crore
360 ONE Asset has acquired a 50% stake in Bluegrass Business Park, a prime office development in Pune, from Brookfield Asset Management for ₹2,400 crore, enhancing its real estate portfolio.
Real Estate Pune
360 ONE Acquires 50% Stake in Bluegrass Business Park from Brookfield
360 ONE Asset has acquired a 50% stake in Bluegrass Business Park in Pune from Brookfield Asset Management's private real estate fund for Rs 2,400 crore. The deal underscores the growing confidence in India's office sector.
Real Estate Pune
360 ONE Acquires 50% Stake in Bluegrass Business Park for ₹2400 Crore
360 ONE Asset acquires a 50% stake in Bluegrass Business Park from Brookfield for Rs 2400 crore, marking a significant real estate deal in Pune's Kalyani Nagar.
Real Estate Pune
360 ONE Asset Secures 50% Stake in Brookfield’s Bluegrass Business Park in Pune
360 ONE Asset has acquired a 50% stake in the 2 million square feet Bluegrass Business Park in Kalyani Nagar, Pune, from Brookfield Asset Management. The deal, valued at INR 2,400 crores, marks a significant addition to 360 ONE Asset’s real estate portfolio.
Real Estate Pune
Brookfield Sells 50% Stake in Pune’s Bluegrass Business Park to 360 ONE Asset
Brookfield Asset Management has divested a 50% stake in its Pune-based Bluegrass Business Park to 360 ONE Asset for approximately $280 million. This strategic move underscores the growing interest in high-quality real estate assets in India’s core urban markets.
Real Estate
REITs Q1FY26 Payout Soars 13% to Rs 1,559 Crore: A Robust Start
India's four public-listed Real Estate Investment Trusts (REITs) have announced a significant 13% year-on-year rise in their Q1FY26 payout, distributing Rs 1,559 crore to over 2.7 lakh unit holders. This strong performance underscores the sector's growth and commitment to delivering stable cash flows.
Real Estate
India's Four Listed REITs Distribute ₹1,559 Crore to Unitholders in Q1 FY26
Mumbai, August 13, 2025: The four publicly listed Real Estate Investment Trusts (REITs) in India have collectively distributed Rs. 1,559 crore to over 2.7 lakh unitholders during the first quarter of the current financial year (Q1 FY26), marking a year-on-year increase of over 13%.
Real Estate Mumbai
Brookfield Expands Mumbai Presence with ₹370 Crore Jet Airways Office Acquisition
Brookfield Asset Management has strengthened its presence in Mumbai’s Bandra-Kurla Complex (BKC) by acquiring an additional office floor from Jet Airways for ₹370 crore, further consolidating its influence in the area.
Real Estate Mumbai
Brookfield Acquires Jet Airways’ Office Space in Mumbai’s BKC for ₹370 Crore
Brookfield Asset Management has acquired an additional office floor in the 19-storey Godrej BKC tower, previously owned by Jet Airways, for ₹370.25 crore. This strategic move boosts Brookfield’s presence in Mumbai’s prime commercial district.
real estate news
Brookfield Secures Additional Jet Airways Office Space in Mumbai’s BKC
Brookfield Asset Management, a global alternative investment firm, has acquired another floor in the Godrej BKC commercial tower in Mumbai, expanding its real estate holdings in the city’s business district.
Real Estate Mumbai
Brookfield Expands Mumbai Real Estate Portfolio with Jet Airways’ Office Property
Brookfield Asset Management has acquired an additional office floor in Godrej BKC, a prime commercial tower in Mumbai's Bandra-Kurla Complex, through the insolvency process of Jet Airways.
Real Estate
Brookfield India Real Estate Trust Reports Impressive Q2 Financial Results
Brookfield India Real Estate Trust has reported strong financial results for the quarter ending June 2025, showcasing significant growth in Profit Before Tax and Profit After Tax, along with record net sales and efficient financial management.
Real Estate
Brookfield India REIT Reports 13% Q1 Net Operating Income Growth
Brookfield India Real Estate Trust has reported a 13% increase in its net operating income for the first quarter of the fiscal year, driven by strong leasing momentum and high occupancy levels.
real estate news
Brookfield India REIT Reports 13% Increase in Q1 Net Operating Income
Brookfield India Real Estate Trust has reported a 13% increase in its net operating income for the first quarter of the fiscal year 2025-26, driven by robust leasing and high occupancy levels.
real estate news
Brookfield India Real Estate Trust Recommends Final Dividend
The Board of Directors of Brookfield India Real Estate Trust has recommended a final dividend at its recent meeting. This decision is a significant milestone for the company and its shareholders.