India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Brookfield India REIT posted a strong FY26 performance with operating lease rentals rising 22.9% year-on-year to ₹21,466 million. The growth was driven by the acquisition of Bengaluru’s Ecoworld campus, record leasing activity of 4 million sq ft, and a successful equity raise of ₹82 billion to support future expansion.
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Brookfield India REIT has launched an institutional placement at a floor price of ₹329.94 per unit, following unitholder approval. The move aligns with SEBI regulations and reflects strong investor interest in commercial assets. The fundraising initiative signals confidence in India’s office market and REIT-led capital growth.
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Morgan Stanley Advantage Services has leased around 1.6 lakh sq. ft. of office space at Brookfield’s Ecoworld in Bengaluru for nearly five years at a monthly rent of ₹1.92 crore. The deal reflects strong BFSI and GCC-led demand along the Outer Ring Road, reinforcing Bengaluru’s status as a global offshore hub.
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Brookfield Asset Management and B. S. Sharma have partnered to build Asia’s largest Global Capability Centre in Powai, Mumbai. Spread across 2 million sq. ft., the project will house a marquee multinational bank under a long-term lease, reinforcing Mumbai’s leadership in GCC-driven commercial real estate growth.
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Brookfield plans to invest over $1 billion to develop Asia’s largest Global Capability Centre in Mumbai’s Powai. The project, expected to be completed by 2029, reinforces India’s position as a global GCC hub and highlights how large-scale GCC investments are driving sustained demand for office real estate.
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Brookfield India REIT has opened a Qualified Institutional Placement to raise ₹3,500 crore, setting a floor price of ₹327.33 per unit. The move follows unitholder approval and reflects growing investor interest as Grade A office demand strengthens. The REIT manages 29.1 million sq. ft. across major Indian cities.
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