Brookfield India Real Estate Trust (REIT) IPO belongs to the real estate sector. The company is managed by an institution. It is a public commercial real estate company having a partnership with BAM (Brookfield Asset Management). The company's offices are located in the major cities of India. They are Mumbai, Delhi, Kolkata and Gurugram. Among the properties that this company established, the rate of occupancy is close to 94%. The company’s overseas client list has some of the giants like Bank of America, Cognizant, etc.

From a domestic point of view, the company’s main office is in Gurugram. The company is 120 years old and has more than 575 million dollars worth of asset management base. The company has its business in more than 28 countries in the world.

Brookfield is basically an asset management company from Canada. Its parent company is named as Brookfield Asset Management Inc. Recently many real estate trusts have launched their IPOs. The reason is India is willing to have more REIT IPOs. Hence it has been attracting such companies by favorable policies because investors love such REIT firms. The most recent IPO belonging to the same category was Mind space Business Parks REIT.

The property sector in India is suffering due to multiple reasons. First being the high interest rate of banks on loans and fear of shadow banking. In the beginning of the coronavirus situation the prices of real estate decreased significantly. The prices are on the verge of getting corrected but yet many properties have taken serious hits in valuations.