Brookfield India REIT Expands Bengaluru Portfolio ₹13,125 Cr Deal

Brookfield India Real Estate Trust (BIRET) is set to make a landmark acquisition in Bengaluru, targeting 7.7 million square feet of premium commercial assets for ₹13,125 crore. The move marks a significant expansion of its footprint in India’s booming office real estate sector.

The planned deal involves the acquisition of up to 100% equity of Arliga Ecoworld Business Parks Pvt Ltd from the existing shareholders of Ecoworld SPV, part of the Brookfield group. Spread across 48 acres along Bengaluru’s Outer Ring Road, the office campus is among the city’s largest, high-quality commercial developments.

BIRET, which currently manages 10 Grade A properties across Delhi, Mumbai, Gurugram, Noida, and Kolkata, will see its total leasable area jump by over 30%, bringing its portfolio to 36.8 million square feet. Of this, 24.6 million square feet is already operational, with 0.6 million under construction and 3.9 million earmarked for future development.

The transaction will be executed on an arm’s-length basis, falling under the category of related-party dealings. This acquisition marks BIRET’s first foray into Bengaluru, one of India’s most robust office markets, offering new leasing opportunities and diversification for investors.

This strategic expansion underscores Brookfield India REIT’s ongoing focus on inorganic growth, aiming to strengthen its presence across the country’s top commercial hubs while maintaining high occupancy and operational efficiency.