Brookfield buys ESR India warehouse parks for $444 million

Bloomberg · 7 hours ago
Brookfield buys ESR India warehouse parks for $444 million
  • Brookfield will acquire eight industrial parks spanning 400 acres across Mumbai, Pune, Delhi-National Capital Region, Chennai and Kolkata.
  • As much as 98% of the space is leased to logistics and industrials tenants.
  • The deal marks Brookfield's first warehousing-focused real estate investment in India.

Quotes

“Brookfield will acquire eight industrial parks, spread over 400 acres across Mumbai, Pune, Delhi-National Capital Region, Chennai and Kolkata”— Bloomberg
“as much as 98% of the space is leased to tenants operating in the logistics and industrials segment”— Bloomberg

Sources