Brookfield India REIT, NCW fund to buy BKC office space for Rs 1,700 crore

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Brookfield India REIT and NCW's Prime Offices Fund will jointly acquire a Mumbai office space. This significant transaction involves an enterprise value of Rs 1,700 crore for the property. The acquisition marks Prime Offices Fund's initial entry into the Mumbai real estate market. Brookfield will continue to manage the acquired office space after the deal. This move strengthens Brookfield India REIT's portfolio and presence in Mumbai.