Brookfield is steadily building a credit portfolio in real estate. It has built a loan book of $1 billion in the past couple of years
Brookfield will also become a co-promoter in IndoStar and nominate two board members. R Sridhar will continue to lead the company in his role as vice-chairman and CEO of IndoStar
KKR was also in talks to acquire majority stake in Aadhar Housing Finance, a unit of Wadhawan Global Capital
Undertakes commercial project for Pune landlord
Globally, Blackstone owns 230 mn sq ft, as against Brookfield's 131 mn sq ft