Brookfield Buys ESR India's Logistics Parks in ₹4,300 Crore Deal, Entering India's Warehousing Market
The global investor takes full ownership of eight Grade A parks covering 10.5 million sq ft in five metro regions, about 98% leased.
Global investment firm Brookfield has agreed to buy a portfolio of eight industrial and logistics parks from ESR India, committing about ₹4,300 crore (roughly $450 million) for the acquisition and further development. The deal, reported on October 7, 2026, marks Brookfield's entry into India's industrial and logistics real estate market.
What Brookfield is buying
- Size: about 10.5 million square feet of warehousing and industrial space across roughly 400 acres.
- Locations: eight Grade A parks in Mumbai, Pune, Delhi NCR, Chennai and Kolkata, India's biggest consumption and manufacturing regions.
- Occupancy: the operating parks are about 98% leased.
- Stake: Brookfield is taking full (100%) ownership.
- Management: ESR India will continue to manage the parks for the near term.
The ₹4,300 crore figure covers both the purchase and future development. The exact acquisition price was not disclosed, though sources said most of the amount would go towards buying the assets.
A bigger player overnight
According to sector experts quoted in reports, the deal makes Brookfield the third-largest logistics real estate player in India by portfolio size, behind IndoSpace and the Blackstone-backed Horizon Industrial Parks. Brookfield is already one of the biggest investors in Indian offices, retail and infrastructure.
Earlier in 2026 there were reports of Brookfield bidding about ₹5,000 crore for a larger ESR-linked portfolio. It is not clear from public reports whether the October deal is the same transaction in a smaller form.
Why warehouses are in demand
Modern warehouses have become one of the most sought-after property types in India. E-commerce, quick-commerce deliveries, organised retail and new factories under manufacturing incentive schemes all need large, well-located, high-quality storage space near cities and highways. Long leases to companies give investors steady rental income, which is why global funds are competing for such assets.
What it means
For the logistics sector, more capital from large investors usually means more and better warehousing capacity, which helps bring down supply chain costs. For investors in listed real-estate investment trusts (REITs), it signals continued appetite for income-producing logistics assets.
The government is also trying to improve how transport and logistics are planned; read our explainer on the new Integrated Transport and Logistics Authority.
Sources
This article draws on the following reporting. Dates are when each source was originally published.
- Free Press Journal: Brookfield Buys 8 Industrial, Logistics Parks From ESR; Plans ₹4,300 Crore Investment
- Maritime Gateway: Brookfield Acquires ESR India's 10.5 Million Sq Ft Logistics Portfolio for Rs 4,300 Crore
- The Realty Today: Brookfield Acquires ESR India's Logistics Portfolio for Rs. 4,300 Crore
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