Brookfield to buy Leela hotels for â¹4,500 crore: Reports
Canada's Brookfield Asset Management will reportedly buy at least four of five luxury hotels and a large land parcel owned by debt-ridden Hotel Leelaventure for about â¹4,500 crore. The deal would mark Brookfield's entry into India's hospitality sector. Hotel Leelaventure has been looking to sell some of its assets to pare debt, which stood at â¹3,799 crore as of March.