Brookfield India REIT Secures ₹2,600 Crore in Placement
NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has successfully raised around ₹2,600 crore through an institutional placement of units, which includes a ₹1,125 crore investment from 360 ONE Asset in one of its prominent office assets located in Bengaluru. According to a regulatory filing, the REIT allocated over 8.04 crore units to eligible institutional investors at an issue price of ₹323 per unit, which is a 2.1% discount compared to the floor price of ₹329.94 per unit. In another development, Arliga Ecoworld Business Parks, a special purpose vehicle (SPV) of Brookfield India REIT, completed the equity shares…