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

flag Brookfield India Real Estate Trust (BREIT) has raised ₹3,500 crore ($415 million) through a Qualified Institutional Placement (QIP). flag 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. flag The funds will primarily be used to reduce debt and acquire high-quality assets, enhancing the REIT's long-term strategic vision.

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