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New Deal


Announced

Brookfield to acquire a 51% stake in Bharti Realty for $664m.

Financials

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Transaction Value£494m
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Friendly

Real Estate Holding and Development

Acquisition

India

Majority

Single Bidder

Private

Pending

real estate

Cross Border

Synopsis

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Brookfield, an investment firm, agreed to acquire a 51% stake in Bharti Realty, the real estate arm of Bharti Enterprises, for $664m. “We are very pleased with this partnership with Bharti and look forward to furthering the positioning of these premium assets. Today tenants have a heightened appreciation of the positive impact workspaces can have on employee well-being and we see tremendous opportunities for well managed commercial real estate due to this transformation,” Ankur Gupta, Brookfield Managing Partner, Head of Real Estate.

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