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Announced

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

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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