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Brookfield India Real Estate Trust has raised INR 3,500 crore through a Qualified Institutional Placement to fund its acquisition of Ecoworld, a 48-acre Grade A office campus on Bengaluru's Outer Ring Road. The QIP was oversubscribed more than three times and drew strong interest from leading investors, including major mutual funds, insurers and global institutions. With this raise, the REIT has mobilised INR 8,000 crore over the past year. The 7.7-million-sq-ft Ecoworld purchase will lift Brookfield India REIT's operating portfolio to over 32 million sq ft and push its gross asset value beyond INR 53,000 crore. The REIT currently manages 29.1 million sq ft across India.
Brookfield India Real Estate Trust has mobilised INR 3,500 crore through a Qualified Institutional Placement earlier this week, with the proceeds earmarked for the acquisition of Ecoworld, a 48-acre Grade A office campus on Bengaluru's Outer Ring Road. The QIP, according to the REIT's regulatory filing, drew subscriptions exceeding three times the issue size and attracted participation from both existing and new institutional investors. Advertisement
Major investors included SBI Mutual Fund, PPFAS, Kotak Mutual Fund, Birla Mutual Fund, Nippon Mutual Fund, UTI Mutual Fund, White Oak, LIC, IFC, HDFC Life, Max Life, Kotak Life and 360 One. With this transaction, Brookfield India REIT has raised INR 8,000 crore over the past 12 months as part of its broader capital expansion initiative.
The REIT noted that acquiring the 7.7-million-sq-ft Ecoworld campus would expand its operating portfolio to more than 32 million sq ft and increase its gross asset value to above INR 53,000 crore. The Issue Committee of the Board of Brookprop Management Services Pvt Ltd, the REIT's manager, approved the allotment of 10.94 crore new units on 10 December 2025 as part of the QIP issuance.
Brookfield India REIT currently holds a pan-India commercial portfolio of 29.1 million sq ft, including 24.6 million sq ft of operational assets, 0.6 million sq ft under construction and 3.9 million sq ft earmarked for future development.
Source - PTI
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