Brookfield India Real Estate Trust is acquiring Ecoworld, a large office campus in Bengaluru, for Rs 13,125 crore. This move significantly expands the REIT's portfolio and establishes it as a pan-India player. The acquisition is funded through debt, cash, and new equity. The deal is expected to boost the REIT's net asset value and distribution per unit. This is the largest acquisition by a REIT so far in India.
