Brookfield India acquires Bengaluru office campus for ₹13,125 crore
market hours1 source ↓written by the desknot a recommendation
- office campus
- 7.7 million sq ft
- in Bengaluru
- ₹13,125 crore
- and marks
- 30%
- reaching
- ₹509.4 crore
- and operating area
- 35%
Brookfield India Real Estate Trust is acquiring a 7.7 million sq ft office campus in Bengaluru for ₹13,125 crore. This acquisition will enhance its portfolio by over 30% and marks its entry into the Bengaluru office market. The Trust's NOI rose 13% in Q2 FY26, reaching ₹509.4 crore.
This strategic move is expected to boost BIRET's gross asset value by 35% and operating area by 31%, potentially lifting market sentiment in the real estate sector.
Not investment advice. For informational purposes only.