Brookfield India REIT Raises Rs 2,000 Crore via Sustainability-Linked Bonds

• Raises Rs 2,000 crore via maiden sustainability-linked bonds, its first green-linked bond issuance.
• IFC anchors the deal, 7.06 percent quarterly coupon for five years, attracting global and domestic investors.
• Funds to drive growth, expansion, and key acquisitions, including the Ecoworld office campus.

Brookfield India Real Estate Trust (REIT) has raised Rs 2,000 crore through its first sustainability-linked bonds, with the International Finance Corporation (IFC) acting as the anchor investor. The five-year bonds carry a quarterly coupon of 7.06 perncent, attracting both domestic and international institutional investors.

This marks the REIT’s second major fundraising in two weeks, following a Rs 3,500 crore qualified institutional placement (QIP) earlier this month. The funds are set to support Brookfield’s future growth plans and expansion activities, including acquisitions and portfolio diversification.

Last month, Brookfield India REIT signed an agreement to acquire Ecoworld, a 7.7 million sq ft office campus spread over 48 acres in Bengaluru, for Rs 13,125 crore. Part of the recent QIP proceeds will be used to finance this landmark acquisition, the largest announced by an Indian REIT to date.

Over the past 12 months, Brookfield India REIT has raised a total of Rs 10,000 crore through a combination of equity and debt instruments, reflecting strong investor confidence and the growing trend of REITs leveraging bonds for funding.

Also Read: Vivek Oberoi and Burj Mayfair Seal Major Dubai Marina Property Deal

Brookfield Asset Management is also investing $1 billion to develop Asia’s largest global capability center (GCC) in Mumbai’s Powai, spanning 6 acres with 2 million sq ft of leasable area, likely to be leased to a US banking major for 20 years.

Brookfield India REIT manages 10 grade-A office assets across major Indian cities, including Mumbai, Delhi, Gurgaon, Noida, and Kolkata. Its portfolio totals 29.1 million sq ft, combining operating, under-construction, and future development spaces, making it India’s only fully institutionally managed office REIT.