India: Hotel Leelaventure completes sale of assets to Brookfield

India: Hotel Leelaventure completes sale of assets to Brookfield

REUTERS/Mark Blinch

Hospitality firm Hotel Leelaventure Ltd on Tuesday said it has completed the sale of its hotel properties and operations to Canada-based Brookfield Asset Management Inc.

The Rs3,950 crore deal also marks the entry of Brookfield in India’s hospitality market in a big way.

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