Brookfield IPO

About the Company
Brookfield India Real Estate Trust is India's only institutionally managed public commercial real estate company, sponsored by an affiliate of Brookfield Asset Management (BAM), part of Brookfield Group.

The company has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises of 14.0 msf with 10.3 msf completed area, 0.1 msf under construction and 3.7 msf are of future development and comprises of Kensington, Candor Techspace, Sector 21, Gurugram, Candor Techspace, Sector 62, Noida and Candor Techspace, Rajarhat, Kolkata. Its completed area has an occupancy rate of 92%.

Multi-national corporations like Barclays, Bank of America Continuum, RBS, TCS, Cognizant, and Accenture are some of the clients of Brookfield India Real Estate Trust. Bank of America, Morgan Stanley, HSBC, Citibank are the lead bankers to the issue.

IPO details

IPO Opening Date:Feb 3, 2021

IPO Closing Date:Feb 5, 2021

IPO Price ₹274 to ₹275 per equity share: Issue Type Book Built Issue REIT Face Value ₹10 per equity share

Issue Size:Equity Shares of ₹10 (aggregating up to ₹3,800.00 Cr)

Fresh Issue:Equity Shares of ₹10 (aggregating up to ₹3,800.00 Cr)