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Brookfield India REIT raises Rs 2600 crore with IFC-led QIP for acquisitions and debt payback

Business
Published on 24 April 2026
Brookfield India REIT raises Rs 2600 crore with IFC-led QIP for acquisitions and debt payback

IFC joins domestic funds as Brookfield targets growth

Brookfield India Real Estate Trust has launched a Qualified Institutional Placement to raise Rs 2,600 crore, backed by investors including IFC, Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund. The proceeds will fund new acquisitions and repay debt. The raise comes after substantial funding since 2023, as the REIT has expanded its operational assets.

  • Brookfield India REIT plans a Rs 2,600 crore QIP
  • Investors include IFC, insurers, and PPFAS mutual funds
  • Funds will go to acquisitions and debt repayment
  • Raise follows strong asset expansion since 2023
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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