Brookfield India Real Estate Trust’s US$525 Million IPO

Sidley Austin LLP advised Brookfield India Real Estate Trust on the deal.

Brookfield India Real Estate Trust (Brookfield REIT) announced its US$525 million initial public offering of units pursuant to Section 4(a) and Regulation S. This offering is India’s third real estate investment trust initial public offering and Sidley’s second real estate investment trust initial public offering in India.

Brookfield REIT is India’s only institutionally managed public commercial real estate vehicle. It is sponsored by an affiliate of Brookfield Asset Management, one of the world’s largest alternative asset managers and investors, with assets under management of approximately US$575 billion across real estate, infrastructure, renewable power, private equity, and credit, and a global presence across more than 30 countries, as of September 30, 2020.

The multi-office Sidley team was led by partner Manoj Bhargava (Picture) and senior associate Varun Jetly, with support from partner Ankit Kashyap and counsel Jeremy Chase, both of whom are based in Singapore; partner Raymond Oh, who is based in Hong Kong; partners Nicholas R. Brown and Jason A. Friedhoff, counsel Carla G. Teodoro, and associates Adam M. Gross and Christian D. Molander-Barraza, all of whom are based in New York; and partners Leonard Ng and Kolja Stehl, associate Qalid Mohamed, and trainee solicitors Noel Li and Ellina Zinatullina, all of whom are based in London. 

Involved fees earner: Manoj Bhargava – Sidley Austin LLP; Nicholas Brown – Sidley Austin LLP; Jeremy Chase – Sidley Austin LLP; Jason Friedhoff – Sidley Austin LLP; Adam Gross – Sidley Austin LLP; Varun Jetly – Sidley Austin LLP; Ankit Kashyap – Sidley Austin LLP; Qalid Mohamed – Sidley Austin LLP; Christian Molander-Barraza – Sidley Austin LLP; Leonard Ng – Sidley Austin LLP; Raymond Oh – Sidley Austin LLP; Kolja Stehl – Sidley Austin LLP; Carla Teodoro – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Brookfield India Real Estate Trust;

Sonia Carcano

Author: Sonia Carcano