Bengaluru, Aug. 25 -- Global investor Brookfield Asset Management, through its private real estate fund, has sold a 50% stake in Bluegrass Business Park in Pune to 360 ONE Asset for an enterprise value of Rs.2,400 crore.

The 2 million square feet office development in Pune's Kalyani Nagar locality isspread across 7 acres. Bluegrass Business Park comprises a million sq ft operational tower that is leased to Mastercard, and an under-construction office tower. Brookfield will continue to oversee the management, development and leasing of the property.

360 ONE, an alternative asset management platform that acquired the asset through its real estate funds, said the transaction marks a significant addition to its institutional real estate por...