Brookfield, the Canadian asset manager could invest over $2 billion in India over the next 2-3 years to buyout upscale offices and commercial towers, stranded roads, power and utilities infrastructure as it aims to double its existing asset base in the country. Fresh from raising $14 billion to invest in infrastructure, believed to be the largest single commitment to the sector of its kind, the Toronto-based group is believed to have been approached to partner the government’s National Investment and Infrastructure Fund (NIIF), coming on board as one of the key sponsors to the Rs 40,000-crore corpus.
Read more: Economic Times
