Bengaluru, Aug. 11 -- Brookfield India Real Estate Trust (BIRET) and Prime Offices Fund have signed binding agreements to acquire office space in Mumbai's Bandra-Kurla Complex (BKC), a prime business district, for an enterprise value of Rs.1,700 crore.

Prime Offices Fund is a commercial real estate-focused fund managed by Nuvama and Cushman & Wakefield Management Pvt Ltd (NCW) through a partnership.BIRET and Prime Offices Fund, in an equal partnership, will acquire the 264,000 sq ft Grade A front office space that comprises three contiguous office floors, located in BKC's G Block.

The office space will be acquired from Brookfield's private real estate fund. Brookfield will continue to oversee and manage the property.

Brookfield Reit an...