Brookfield to buy Bharti Realty's commercial assets in NCR for $1-B

Canada's Brookfield is close to buying Bharti Realty's upscale commercial properties near Delhi airport and Gurugram for around USD 1 billion. After the transaction, Bharti Realty's Worldmark towers in Aerocity and Gurugram — 1.6 million sq ft of office and retail space — will be lodged under the Brookfield India Real Estate Trust. Brookfield REIT already has a portfolio of 14 million sq ft across four large campus format office parks in Mumbai, Gurugram, Noida and Kolkata.