Announced
Financials
Sources
Tags
Private Equity
Friendly
Real Estate Holding and Development
Acquisition
India
Majority
Single Bidder
Private
Pending
real estate
Cross Border
Synopsis
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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