NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has commenced its institutional placement for unit subscriptions after receiving approval from unitholders earlier this month.
The issue was initiated on April 16, 2026, following the approval from the issue committee of Brookprop Management Services, the REIT’s managing entity, which accepted the preliminary placement document.
The institutional placement’s floor price has been established at ₹329.94 per unit, consistent with regulatory pricing criteria.
Fundraising will occur through one or more tranches of institutional placements, in accordance with the Securities and Exchange Board of India (REIT) Regulations. Approval from unitholders for this fundraising method was granted during a meeting on April 7, 2026.
The company has not disclosed the total funds it aims to raise through this placement.
