India: Brookfield set to buy Hiranandani assets in $1b big-ticket realty deal

India: Brookfield set to buy Hiranandani assets  in $1b big-ticket realty deal

Hiranandani. Photo: Abhijit Bhatlekar/Mint

Canada-based Brookfield Asset Management Inc. is set to acquire office and retail assets of Hiranandani Developers Pvt. Ltd in the Mumbai suburb of Powai at a valuation of close to $1 billion—one of the largest commercial real estate deals in recent years.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter