StockWatch
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Acquisitions22 Sept 2026, 06:42 pm

Brookfield India REIT acquires units for ₹75.2 Cr, increasing Delphi ownership to 86%

AI Summary

Brookfield India Real Estate Trust REIT, through its entity Kairos, has signed an Agreement for Sale to acquire units 501-503 and 601-604 on the 5th and 6th floors of the Delphi building (Wing C) in Powai, Mumbai. The acquisition, valued at a total cash consideration of ₹752 million, was approved by the Board of Directors of Kairos and Brookprop Management Services Private Limited. This transaction will increase Kairos's ownership in the Delphi building (Wing A, B, and C) from 80% to 86% on a gross leased area basis. The acquisition is expected to be completed within Q3 FY2027.

Key Highlights

  • Kairos to acquire units in Delphi building, Powai, Mumbai.
  • Total cash consideration for the acquisition is ₹752 million.
  • Ownership in Delphi building will increase from 80% to 86%.
  • Acquisition expected to be completed by Q3 FY2027.
  • Enhances Brookfield India REIT's stake in a key asset.