Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore

Essar Group has concluded the sale of Equinox Business Parks, its commercial property in Mumbai’s Bandra-Kurla Complex, to Brookfield Asset Management for an enterprise value of Rs 2,400 crore, the company said in a release.

Spread over nearly 10 acres near business district Bandra-Kurla Complex Equinox Business Park comprises four towers, with a leasable office space of about 1.25 million sq ft.

In 2006, Essar was a licensee in the Park. Later, it acquired the towers and ultimately the entire park during the period between 2008 and 2012.


Some of the companies that occupy space in the Park are Tata Communications, Experian, Crompton Greaves and Lafarge.