Brookfield India Real Estate Trust has launched a Qualified Institutional Placement to raise Rs 2,600 crore, backed by investors including IFC, Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund. The proceeds will fund new acquisitions and repay debt. The raise comes after substantial funding since 2023, as the REIT has expanded its operational assets.
The World Bank’s IFC says it will scale up investments in India to $10 billion per year by 2030, targeting renewable energy, urban infrastructure, and financial services. It is also exploring municipal bond financing with Indian states, a potential shift in how local projects are funded. The move underscores a deeper push to back India’s growth trajectory.
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