Brookfield Is Considering a $1 Billion REIT Listing in India

Brookfield Asset Management Inc (BAM). is considering bundling its commercial real estate assets in India into a REIT for a listing next year. Brookfield is considering including about 15 million square feet to 20 million square feet to raise US$1 Billion. BX recently listed its India assets in a REIT and the listing is up 41%.

Brookfield owns the following Office Real Estate Properties in India:

MUMBAI

Equinox Business Parks

Powai Business District

Waterstones Business Park

New Delhi - GURGAON

Candor TechSpace, Sector 21

Candor TechSpace, Sector 48

New Delhi - NOIDA

Candor TechSpace, Sector 135

Candor TechSpace, Sector 62

KOLKATA

Candor TechSpace, New Town Rajarhat

Brookfield Is Considering a $1 Billion REIT Listing in India