Singapore's GIC, Brookfield India buy $1.4b of commercial property

Acquisition adds numerous office locations in Mumbai and Gurugram

20230522 GIC Brookfield

The partnership is the first between a global institutional investor and a listed real estate investment trust in India. (Source photo from Reuters and logo from Brookfield India Real Estate Trust website)

PIMFHA CHAN, DealStreetAsia

BANGKOK -- Singapore's sovereign wealth fund GIC and Brookfield India Real Estate Investment Trust have joined hands to acquire commercial properties in India, marking the first partnership between a global institutional investor and a listed REIT in the country.

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