1 hr ago
Brookfield to Buy ESR India’s Industrial Logistics Portfolio
Brookfield is buying a large group of industrial and logistics properties from ESR India.
The properties cover 10.5 million square feet and include eight parks.
They are spread across six metro clusters and are near important manufacturing and shipping areas.
Brookfield has committed ₹4,300 crore, or $450 million, for the purchase and future development.
ESR will keep managing the properties for now.
Brookfield says strong logistics facilities can help India connect with global supply chains and improve logistics costs.
ESR says the deal reflects the strength of its logistics business.
The announcement was published on October 7, 2026.
Brookfield agreed to acquire a 100% interest in a 10.5 million-square-foot portfolio from ESR India.
Brookfield committed ₹4,300 crore ($450 million) for the acquisition and future development.
The portfolio spans about 400 acres and includes eight Grade A parks across six metro clusters.
The properties serve major cities including Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
ESR will continue managing the properties in the near term, supporting customer continuity.
- Who
- Brookfield is acquiring the portfolio from ESR India, which will continue managing the properties in the near term.
- What
- Brookfield agreed to acquire a 100% interest in a 10.5 million-square-foot industrial and logistics portfolio and committed ₹4,300 crore ($450 million) toward the acquisition and future development.
- Where
- The portfolio spans about 400 acres across six metro clusters, including areas serving Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
- When
- The announcement was published on October 7, 2026.
- Why
- Brookfield said high-quality logistics infrastructure can enhance India's logistics capabilities and cost competitiveness as the country integrates further into global supply chains.
Key facts
- Buyer
- Brookfield
- Seller
- ESR India
- Acquired interest
- 100%
- Portfolio size
- 10.5 million square feet
- Commitment
- ₹4,300 crore ($450 million), for the acquisition and future development
- Portfolio
- Eight Grade A parks across six metro clusters and approximately 400 acres
- Management
- ESR will manage the properties for the near term
Quotes
Abhijit Malkani
Chief Executive Officer, India at ESR
“Brookfield’s acquisition of the portfolio underscores the value created through ESR’s integrated platform and the strength of our logistics business in India. ESR will continue to manage the portfolio, providing continuity for customers while supporting its next phase of growth.”
thehindubusinessline.com
Sources
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