Bharti Enterprises and Brookfield Announce Commercial JV in Delhi NCR Region

Bharti Enterprises and Brookfield Announce Commercial JV in Delhi NCR Region

Bharti Enterprises and Brookfield Announce Major Commercial Joint Venture Deal in Delhi NCR Region. Bharti Enterprises and Brookfield Asset Management have signed a significant joint venture (JV) for a portfolio of commercial properties in India.

Key Details:

• JV Focus: High-quality commercial properties (3.3 million sq ft)
• Location: Primarily Delhi-NCR region (includes Worldmark Aerocity, Airtel Center, Worldmark 65, Pavillion Mall)
• Investment Structure:
  • Brookfield-managed private real estate fund acquires 51% stake
  • Bharti Enterprises retains 49% stake
  • Transaction value: INR 5,000 crore (Enterprise Value)
• Property Management: Brookfield Properties (Brookfield’s real estate arm)

Significance for Bharti Enterprises:

• Partnership with a global real estate leader (Brookfield)
• Opportunity to leverage Bharti’s existing portfolio (>10 million sq ft under development)
• Sets a template for future yielding and developed assets

Significance for Brookfield:

• Enters a partnership with a well-established Indian player (Bharti)
• Gains access to marquee assets with strong tenancy
• Strengthens presence in the Indian office market (already owns & operates over 50 million sq ft across major cities)

Future Outlook:

• Bharti to focus on developing premium commercial real estate in key locations
• Brookfield to leverage its global expertise to create future-ready office environments in India

This JV marks a major development in India’s commercial real estate sector, bringing together Bharti’s local expertise and Brookfield’s global experience.

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in