Sunday 25 October 2020

Brookfield’s $2B India office buy would be biggest in country’s history

Brookfield Asset Management is set to close the biggest real estate deal in India’s history. The firm will pay RMZ Corp. $2 billion for a 12.5 million-square-foot office portfolio, according to Bloomberg. It includes properties in the southern cities of Bengaluru and Chennai. RMZ said the deal will leave it with zero debt and plans to use the proceeds from the sale to expand its portfolio. The firm wants to expand its real estate portfolio



source https://therealdeal.com/2020/10/25/brookfields-2b-india-office-buy-would-be-biggest-in-countrys-history/

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