Brookfield to Double Investment in India, Eyes USD 10 Billion Allocation

Brookfield Asset Management has announced plans to inject over USD 10 billion into India within the next three to five years, aiming to double its real estate assets under management (AUM) in the country. This strategic move underscores Brookfield's commitment to India's burgeoning market and signals a significant vote of confidence in the nation's economic trajectory.

Brookfield's investment strategy in India is multifaceted, with a sharp focus on diversification and expansion across various sectors, including housing, industrial, and retail. Currently, the firm is actively engaged in a serviced apartment project in Andheri, Mumbai, while also exploring opportunities to develop housing projects alongside commercial and retail spaces in areas with substantial commercial activity. With a portfolio spanning more than 51 million square feet across seven key Indian cities, Brookfield has emerged as one of the largest office owners and operators in the country.

To sustain its momentum and capitalize on India's double-digit growth, Brookfield is continually evaluating opportunities to optimize its portfolio. This includes recycling assets into Real Estate Investment Trusts (REITs) or acquiring new assets to expand its footprint. Notably, Brookfield's listed REIT portfolio comprises 25.4 million square feet of total leasable area, with an additional 3.9 million square feet earmarked for future development. Leveraging its expertise, Brookfield is poised to capitalize on growth prospects in hospitality, industrial warehousing, and coworking segments within the Indian market.

As India continues to attract significant foreign investment, Brookfield's ambitious expansion plans reflect a bullish outlook on the country's long-term growth prospects. By channeling substantial funds into India's real estate sector, Brookfield aims to contribute to the nation's economic development while generating attractive returns for its investors.

Brookfield's sizable investment commitment underscores its confidence in India's potential as a lucrative investment destination and reaffirms its position as a key player in the country's evolving real estate landscape.