Archive · 8 Oct 2026
Brookfield Acquires ESR India Warehouse Portfolio for ₹4,300 Crore
Brookfield is buying a large group of warehouses and industrial parks from ESR India.
The portfolio covers 10.5 million square feet and includes eight parks.
They are spread across six metro areas and serve cities such as Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
Brookfield committed ₹4,300 crore for the purchase and future development.
The articles give slightly different dollar equivalents: $450 million and $444 million.
Nearly 98% of the space is already leased to businesses.
ESR will keep managing the properties for now.
The purchase is Brookfield's first move into industrial and logistics real estate in India.
Brookfield said logistics facilities can help the country strengthen its supply chains and lower costs.
Brookfield agreed to acquire 100% interest in ESR India's 10.5-million-square-foot industrial and logistics portfolio.
Brookfield committed ₹4,300 crore; articles report the dollar equivalent as either $450 million or $444 million.
The portfolio comprises eight Grade A parks across six metro clusters and approximately 400 acres, serving cities including Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
Nearly 98% of the operating space is leased, and ESR will manage the properties in the near term.
The deal marks Brookfield's entry into India's industrial and logistics real estate market; sector experts said it would rank third by size behind IndoSpace and Horizon Industrial Parks.
- Who
- Brookfield is acquiring the portfolio from ESR India; ESR will continue managing it in the near term.
- What
- Brookfield announced the acquisition of a 100% interest in ESR India's 10.5-million-square-foot industrial and logistics portfolio for ₹4,300 crore.
- When
- Brookfield announced the deal on Wednesday; one article was published October 7, 2026.
- Where
- The portfolio spans six metro clusters in India, including areas serving Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
- Why
- Brookfield said high-quality logistics infrastructure can strengthen India's logistics capabilities and cost competitiveness as global supply-chain integration accelerates.
Brookfield's rationale
ESR's perspective
Strategic value
Brookfield's rationale
Brookfield said the portfolio will expand its presence into Indian industrial and logistics real estate, and that high-quality logistics infrastructure can improve supply-chain capabilities and cost competitiveness.
ESR's perspective
ESR said the deal demonstrates the value of its integrated platform and the strength of its logistics business in India.
Portfolio management
Brookfield's rationale
Brookfield is acquiring the portfolio and has committed funds for its acquisition and future development.
ESR's perspective
ESR will continue managing the properties in the near term to provide customer continuity and support the portfolio's next phase of growth.
- Buyer
- Brookfield
- Seller
- ESR India
- Acquired interest
- 100%
- Portfolio size
- 10.5 million square feet
- Investment commitment
- ₹4,300 crore; dollar equivalents cited are $450 million and $444 million
- Portfolio
- Eight Grade A parks across six metro clusters, covering approximately 400 acres
- Leasing and management
- Nearly 98% leased; ESR will manage the properties in the near term
- Reported market position
- Sector experts said Brookfield would become India's third-largest logistics real estate player by size, behind IndoSpace and Horizon Industrial Parks
