Brookfield bets $1 billion for GCC in Mumbai

  New York-based alternative asset manager Brookfield is lining up investments worth over $1 billion (around Rs 9,000 crore) to set up a global capability centre (GCC) in Mumbai, raising its bets on India.The GCC, which will be Asia’s largest, is being developed through an agreement between Mumbai Metropolitan Region Development Authority (MMRDA) and a … Read more

Brookfield to invest in new asset classes

Canada’s Brookfield Asset Management is looking to invest in new real estate asset classes in India including rental housing and serviced apartments, and also expand its office and hospitality portfolio, a top executive said. Brookfield owns 47 million sq. ft of office space across six cities in the country, and The Leela Hotels and Palaces … Read more