Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Brookfield India REIT has completed the 100% acquisition of Arliga Ecoworld Business Parks Private Limited, which owns and operates the Ecoworld asset in Bengaluru spanning about 7.7 million square feet. The acquisition was funded through an institutional placement of units announced on December 9, 2025, and was made from a Brookfield group seller (BSREP III New York FDI I). Alongside this, the share purchase agreement was amended to reduce the upfront cash consideration payable by Rs. 1,000 million, and a separate rental true-up support agreement of up to Rs. 1,000 million from the seller's affiliate was terminated. The prior intimations dated November 4, 2025 (board meeting outcome) and November 28, 2025 (extraordinary meeting voting results) were referenced.
This expands Brookfield India REIT's portfolio with a large Bengaluru office asset, adding to its scale. The reduction in upfront cash outflow and termination of the rental support agreement marginally improve near-term cash flow for the REIT, which is a positive for unitholders. Overall, the disclosure confirms deal closing as planned and is largely neutral to mildly positive for the stock.