With this acquisition, Brookfield?s REIT in India and Brookfield Asset Management will collectively control Rostrum Realty. This move is part of Brookfield's strategy to expand its real estate portfolio in India. The board of Brookfield India REIT is currently finalising the deal, with a decision expected soon.

Despite Brookfield?s non-response to inquiries, market analysts see this acquisition as a strategic step to enhance the REIT?s asset base and provide long-term value to shareholders. Bharti Enterprises is divesting its stake to focus on its core telecom operations. The JV properties include prime office spaces, attracting high rental yields and stable occupancy rates.

Brookfield India REIT, backed by a global asset management leader, continues to strengthen its foothold in India's burgeoning real estate market. This acquisition underscores Brookfield's commitment to leveraging growth opportunities within the Indian commercial real estate sector.