Brookfield India Real Estate Trust has raised ₹3,500 crore from a qualified institution placement of 109,375,000 units.
Shardul Amarchand Mangaldas & Co advised Brookfield on this QIP.
The transaction team consisted of Nikhil Naredi (Partner), Rohit Tiwari (Partner), Harini Jambunathan (Senior Associate), Associates K Mathangi and Abhit Tanay.
Sidley Austin served as the international legal counsel to Brookfield on this QIP.
The transaction team was led by Manoj Bhargava (Partner), and included counsel Rachna Talati, associates Edward Lee, Sarangan Rajesh Kumar, Oindree Bandyopadhyay, and legal assistant Sanketh Hareesh Kumar; with support from partners Carla G. Teodoro, Nicholas R. Brown, Robert M. Kreitman, Prabhat K. Mehta, Leonard Ng and Shu Min Ho.
Trilegal advised the book running lead managers, Kotak Mahindra Capital, Elara Capital (India), Jefferies India, JM Financial, and 360 ONE WAM on this QIP.
The transaction team was led by Vijay Parthasarathi (Partner) and supported by Associates: Prajna Kariappa, Shashwat Raj Solanki, Sheetal Kumar, Esha Alex, Jasmine Manekshaw, and Vansh Dhoka.
White & Case served as the international legal counsels to the BRLMs.
The transaction team was led by Partners Rahul Guptan (London) and Kaya Proudian (Singapore), and included Partner Steven Gee (New York) and Associates Yuning Zhou (Hong Kong), Ji Yang Lim (Singapore), Daniel Park (New York) and Jiawei Zheng (Mexico City).
The REIT will deploy a portion of QIP proceeds to partially fund one of India’s largest REIT acquisitions.
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