Brookfield India REIT lines up debut bond issue in December

Brookfield India Real Estate Trust is set to launch its debut bond issue this month, aiming to raise 35 billion rupees through 3-year and 5-year bonds. The funds will support the REIT’s acquisition of Ecoworld, a 48-acre office campus in Bengaluru. This move follows a trend of Indian REITs and InvITs tapping the bond market for financing.