Brookfield Asset Management buys prime Mumbai real estate for $109m

Brookfield Asset Management buys prime Mumbai real estate for $109m

Photo by Isaac Benhesed on Unsplash

Canada’s Brookfield Asset Management is acquiring a prime Mumbai real estate asset spread across 9.67 acres, which includes a 100-room premium hotel, for ₹750 crore from Sanjay Narang-owned Mars Enterprises and Hospitality Ltd, said two people aware of the development, requesting anonymity.

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