Brookfield India Real Estate Investment Trust (Brookfield India REIT) has announced plans to acquire a 7.7 million sq ft business park in Bengaluru for approximately ₹13,125 crore. The acquisition will be carried out through the purchase of 100% equity in Arliga Ecoworld Business Parks Pvt Ltd (Ecoworld SPV), managed by Brookprop Management Services Pvt Ltd, the REIT’s manager.
Located on Bengaluru’s Outer Ring Road, the 48-acre business park is one of the most prominent commercial hubs in India, housing top global technology and corporate tenants. Once completed, the acquisition will expand Brookfield India REIT’s total portfolio size by over 30%, significantly strengthening its position in India’s fast-growing office real estate market.
Currently, Brookfield India REIT manages around 29.1 million sq ft of leasable space, which includes 24.6 million sq ft of operational assets and a mix of under-construction and future development projects. With this addition, the REIT is poised to enhance its scale, diversify its portfolio, and deepen its presence in Bengaluru — one of India’s most dynamic commercial real estate markets.
Alok Aggarwal, CEO and Managing Director of Brookfield India REIT, stated that the acquisition marks an important milestone for the company. “Building on our strong inorganic growth track record, this acquisition will mark our entry into one of India’s strongest office markets, expanding the size of our REIT by over 30% and positioning us as a truly pan-India platform,” he said.
Industry experts view this move as a reflection of rising investor confidence in India’s Grade-A commercial office segment, which continues to attract institutional capital despite broader market challenges. The acquisition aligns with Brookfield India REIT’s strategy to pursue long-term value creation by expanding in key urban centres.
The proposed transaction is subject to regulatory approvals and closing conditions. Once finalized, the deal will further solidify Brookfield’s footprint in the Indian office real estate landscape, reinforcing Bengaluru’s status as a premier commercial destination.
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