Brookfield Makes Massive $2 Billion India Real Estate Investment
Canadian asset manager Brookfield Asset Management (NYSE: BAM) is doubling down on its investments in India through a $2 billion real estate deal, its largest-ever purchase in the South Asian country.
Brookfield will buy 12.5 million square feet of commercial real estate assets from privately held developer RMZ Corp. The purchase includes rent-yielding office space and commercial co-working space.
Source Fool.com