Brookfield may acquire 50% stake in RMZ Corp for about Rs 5,600 crore, Real Estate News, ET RealEstate

BENGALURU: Brookfield Asset Management, the Canadian alternative investment firm, is said to be planning to invest $500-800 million (Rs 4,000-5,600 crore) in RMZ Corp to buy up to 50% stake in the Bengaluru-based developer’s business parks, people familiar with the matter said. RMZ is expected to create a special purpose vehicle (SPV) to house about […]

Brookfield sole bidder for Jet Airways’ office in BKC, Real Estate News, ET RealEstate

MUMBAI: Global asset management firm, Brookfield Asset Management emerged as the sole bidder in the e-auction of two floors of office space belonging to Jet Airways in the Godrej BKC building at Bandra-Kurla Complex on Friday, offering the base price of Rs 490 crore, real estate industry sources said. “Yes, Brookfield has made the sole […]

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