Brookfield India REIT and NCW Prime Offices Fund Partner to Acquire Prime BKC Office Space
Mumbai, August 11, 2026: Brookfield India Real Estate Trust, India’s only 100 percent institutionally managed pan-India office REIT, and NCW’s Prime Offices Fund, managed by Nuvama and Cushman & Wakefield Management Private Limited, have signed binding agreements to acquire 264,000 square feet of institutional-quality office space in G Block, Bandra-Kurla Complex, Mumbai. According to a press release, the property comprises three contiguous office floors that will be acquired from a Brookfield private real estate fund through an equal partnership for an enterprise value of Rs 17,000 million.
The landmark Grade A asset is located in Mumbai’s premier commercial district and is currently leased to blue-chip tenants spanning the financial services, real estate, and technology sectors. Brookfield will continue to oversee and manage the operations of the property following the transaction. Over the past decade, BKC has established itself as one of the country’s most sought-after business hubs, drawing global enterprises and leading financial institutions due to its concentration of corporate infrastructure and city-wide connectivity.
Chief Executive Officer and Managing Director, Brookfield India Real Estate Trust, Shashank Jain, said, “The institutional-quality office space in BKC is positioned in one of India’s most established commercial markets and offers a differentiated combination of a quality tenant base, strong occupier demand, connectivity and sustained rental growth, which is difficult to replicate. Its addition will further diversify and strengthen Brookfield India REIT’s portfolio while deepening our presence in Mumbai. This reflects our disciplined approach to adding premium, accretive assets and creating long-term value for our unitholders. We are pleased to partner with NCW’s Prime Offices Fund on this transaction.”
Chief Investment Officer, NCW, Gaurav Puri, said, “This acquisition marks an important milestone in our portfolio strategy, providing us with a foothold in Mumbai through BKC – India’s leading front office market. BKC’s sustained growth and resilient occupier demand make it a strategically important micro-market and a natural fit for our investment strategy. The acquisition also meaningfully diversifies our tenant portfolio with the addition of prominent front office tenants. We are pleased to partner with Brookfield India REIT for this acquisition.”
