IFC is investing $150 million in H-DREAM Fund, managed by HDFC Capital Advisors, to boost sustainable, affordable housing across urban India. The $1 billion fund aims to construct 25,000 green-certified units, addressing the nation’s housing shortage. This initiative seeks to mobilize $850 million from investors, supporting early-stage financing and green building standards.
Brookfield acquires Jet Airways’ office property in Mumbai through insolvency process
Brookfield Asset Management has expanded its Mumbai real estate holdings. The company acquired another floor in Godrej BKC. This purchase occurred during Jet Airways’ insolvency proceedings. Brookfield now controls three…