The world’s fastest moving real estate sector leads today’s review of people moves from around the region, with a PAG-sponsored data centre platform bidding farewell to its founder. Also making the list is a pair of new board appointments at… Read More>>
Brookfield Raises $6B for Distressed Fund and More Asia Real Estate Headlines
Asset management giant Brookfield announces nearly $6 billion in commitments to its largest-ever real estate fund, with that story leading today’s headline roundup. Also making the list, Singapore’s CapitaLand Development expands its partnership with Vietnamese builder Vinhomes and Brookfield India… Read More>>
Mastern Completes $246M Sale of Seoul Office Tower and More Asia Real Estate Headlines
Korean investor Mastern confirms its disposal of an office tower in Seoul’s Gangnam district, with that divestment leading today’s headline roundup. Also in the news, Sweden’s EQT completes its acquisition of listing website PropertyGuru and Brookfield’s India REIT raises $412… Read More>>
Brookfield India REIT Swings to Six-Month Profit as Office Market Outperforms
Brookfield India Real Estate Trust reported a net profit of INR 625.9 million ($7.4 million) for the first half of 2024, reversing a year-earlier loss of INR 250.5 million, as Asia’s most populous country continues to lead all regional markets… Read More>>
Brookfield India REIT Reports Q2 Profit Surge and More Asia Real Estate Headlines
Brookfield leads Mingtiandi’s headline roundup today, with the global investment giant’s India office REIT reversing a year-ago loss. Also in the news, bankrupt developer China Evergrande gets slapped with a mainland liquidation petition and Hong Kong’s Wharf REIC reports a… Read More>>
Brookfield India REIT to Buy Half-Stakes in Four Bharti Commercial Properties for $720M
Brookfield India Real Estate Trust has agreed to acquire a 50 percent interest in four commercial properties in Delhi and Gurugram from Bharti Enterprises for INR 60 billion ($720 million).
The REIT sponsored by Canadian giant Brookfield will assume debt… Read More>>
Alok Aggarwal Joins Brookfield India REIT Board to Replace Anuj Ranjan
Fresh off a record-breaking fourth-quarter report for Brookfield India REIT, the trust’s manager announced some key personnel moves last week.
The REIT’s CEO, Alok Aggarwal, has joined the manager’s board of directors in the capacity of executive director, according to… Read More>>
Brookfield India REIT Net Property Income Surges 89% in Q4 on Record Leasing
Brookfield India Real Estate Trust (BIRET) saw its net operating income for the fourth quarter jump by 89 percent from the same period a year earlier to reach INR 45.3 billion ($550 million) on record levels of new leasing.
BIRET… Read More>>
Brookfield India REIT Net Property Income Jumped 44% in Q3
Brookfield India Real Estate Trust (BIRET) registered adjusted net operating income of INR 3.5 billion ($41.6 million) in the third quarter, a 44 percent surge from a year earlier, thanks to increased offshoring from international companies and an expanded portfolio… Read More>>
Brookfield India REIT Hit With $3M Quarterly Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Brookfield India REIT reports some red ink and China’s property investment slump deepens. Also on the list are Beijing’s new task force to examine risks at a large wealth manager and a pair… Read More>>