Alternative asset manager 360 ONE Asset has bought a 13 per cent equity stake in Ecoworld, a premium office campus in Bengaluru owned by Brookfield India Real Estate Investment Trust. The firm participated in a Rs 1,125 crore primary issuance by Arliga Ecoworld Business Parks Private Ltd, the special purpose vehicle holding the asset. This deal gives 360 ONE a foothold in a high-yield property amid Bengaluru's evolving office market.
Transaction Details and Brookfield's Role
Brookfield India Reit sealed a binding agreement in November 2025 to purchase Ecoworld for Rs 13,125 crore. It followed through in December 2025 by acquiring Arliga Ecoworld Business Parks Private Ltd. 360 ONE Asset's investment through its real assets funds leaves Brookfield with an 87 per cent stake. The manager also pledged an extra Rs 25 crore for future commitments. Deepak Aswani, chief investment officer for real assets at 360 ONE, called the move a fit for their focus on top-tier, income-producing assets with strong returns.
Ecoworld's Profile and Market Position
Located on Bengaluru's Outer Ring Road, Ecoworld spans 7.7 million square feet across 15 buildings. It mixes commercial and special economic zone space, plus amenities like food courts and fitness centers. Blue-chip tenants from diverse sectors occupy the campus, ensuring steady yields. The deal offers 360 ONE a private entry with a structured exit via Brookfield, highlighting partnerships in India's REIT landscape.
Bengaluru Office Dynamics and Broader Trends
360 ONE Asset oversees about $10 billion in listed and alternative assets, with over $5 billion in private markets. Its real assets platform targets commercial real estate, infrastructure, REITs, InvITs, logistics, and warehousing. In Q1 2026, Bengaluru's office market saw 9.2 million square feet in transactions, a 28 per cent drop year-on-year, while completions jumped 322 per cent to 4.4 million square feet, per Knight Frank India. Such investments signal confidence in yield-generating assets despite softer leasing, as supply growth meets demand from quality occupiers.
Implications for Investors and Real Estate
This stake underscores rising interest in operational Grade-A offices in key Indian micro-markets. For 360 ONE, it bolsters a portfolio emphasizing risk-adjusted returns through ties with global players like Brookfield. The transaction reflects how REITs enable minority stakes, drawing alternative capital into stabilized properties and potentially stabilizing returns amid market volatility.
