Khaitan & Co has advised Brookfield Asset Management on its $1.4 billion sale of two commercial properties in India to a partnership between its locally listed REIT Brookfield India, represented by Shardul Amarchand Mangaldas, and Singapore sovereign wealth fund GIC, counselled by Trilegal.

The properties being acquired are in India's financial capital Mumbai, Maharashtra, and Gurugram, a satellite city of the national capital region, reported Reuters, adding that Brookfield India REIT's portfolio will expand by 35 percent in total leasable space and 44 percent in operating area with this acquisition.

The Khaitan team was led by partners Aakash Choubey, Aashutosh Sampat, Harsh Parikh and Anisha Chand.

The SAM team was led by partners Jay Gandhi and Abhishek Parekh, with support from partners Nikhil Naredi, Zubin Mehta, Harman Singh Sandhu, Yaman Verma, Jay Gandhi, Bhoumick Vaidya, Mrinal Kumar, and Shrutikirti Kumar.


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