BSEBrookfield India Real Estate Trust REITHighNeutral
Announced Tue, 29 Sept, 2026 · 20:06 IST
Brookfield India REIT completes acquisition of Godrej BKC office floors via JV
Price reaction
Awaiting price reaction for this filing.
AI summary
Brookfield India REIT and NCW Prime Offices Fund completed the acquisition of 100% of Parthos Properties via their 50:50 JV (Parthos One/Holdco) on September 29, 2026. Parthos owns the 2nd, 3rd and 4th floors in Godrej BKC, Bandra Kurla Complex, Mumbai. Each partner subscribed to 70M equity shares and 25.25M CCDs of Holdco, plus 6.15M unlisted NCDs of Parthos used to refinance existing debt.
Likely market impact
Premium Mumbai office asset added to REIT portfolio via 50:50 JV with NCW. Acquisition financed through Holdco equity and Parthos NCD refinancing.