India, Aug. 11 -- Brookfield Asset Management has acquired an additional office floor in the 19-storey Godrej BKC tower for Rs.370.25 crore, according to media reports.
The transaction, conducted under the Insolvency and Bankruptcy Code (IBC) and overseen by the National Company Law Tribunal (NCLT), follows Brookfield exercising its right of first refusal to match Bank of Baroda's winning bid, according to a report published in The Economic Times.
The report said that with this purchase, Brookfield now occupies approximately 250,000 sq ft across three contiguous floors in the same building. The additional space acquired by Brookfield was earlier owned by Jet Airways.
The deal also grants exclusive parking rights and transfers Jet Airwa...
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