NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) is set to raise up to ₹4,000 crore through institutional unit placements. Meanwhile, its subsidiary, Arliga Ecoworld Business Parks, plans to secure ₹1,125 crore from funds managed by 360 ONE WAM, as disclosed in regulatory documents.
The board of Brookprop Management Services, which manages Brookfield India REIT, approved the institutional placement proposal during a meeting on March 12, 2026. The fundraising is expected to take place across one or more tranches, pending approval from the REIT’s unitholders.
Funds from the institutional placement will be utilized for acquiring real estate assets, repaying existing loans, capital expenditures, and other corporate purposes, according to the filing.
Arliga Ecoworld Business Parks, a wholly owned subsidiary, will issue securities worth ₹1,125 crore to the 360 ONE Real Assets Advantage Fund, part of the 360 One Private Equity Fund.
The proposed deal involves a primary issuance of equity shares valued at approximately ₹1,089.8 crore and non-convertible debentures worth about ₹60 crore to the investor. Post-transaction, the investor will own about a 13.07% equity stake in the Ecoworld SPV.
The raised funds will primarily focus on repaying external debts, capital expenditures, and other corporate needs, as detailed in the filing.
Ecoworld SPV is responsible for operating business park assets and remains entirely owned by the company. Under the proposed transaction structure, the company will retain control of the SPV’s board and management.
The agreement imposes transfer restrictions on the investor’s stake, including a lock-in period and planned exit options from 2028 to 2032. The investor may exit via options such as swaps with Brookfield India REIT units or other mutually agreed mechanisms.
This capital injection is anticipated to assist the REIT in lowering leverage and enhancing capacity for future investments, including potential acquisitions and growth opportunities.
Additionally, the company has sought unitholder approval to increase the remuneration cap for its statutory auditor, Deloitte Haskins & Sells, from ₹25 million to ₹40 million per year, effective from FY26.
The updated remuneration structure will apply to statutory audit and financial review work for FY2025-26 through FY2029-30, with annual increments of up to 10%.
