Brookfield India Real Estate Trust raises $415M, attracting first investments from IFC and LIC.

Brookfield India Real Estate Trust (BREIT) has raised ₹3,500 crore ($415 million) through a Qualified Institutional Placement (QIP). This capital raise, which exceeded demand with over ₹5,200 crore in interest, marks the first REIT investments in India from the IFC and Life Insurance Corporation. The funds will primarily be used to reduce debt and acquire high-quality assets, enhancing the REIT's long-term strategic vision.

3 months ago
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