Brookfield India REIT Reports 13% Increase in Q1 Net Operating Income
Brookfield India Real Estate Trust has reported a 13% increase in its net operating income for the first quarter of the fiscal year 2025-26, driven by robust leasing and high occupancy levels.
Brookfield India ReitNet Operating IncomeReal Estate InvestmentLeasing MomentumOccupancy LevelsReal Estate NewsAug 02, 2025
Its Net Operating Income (NOI), which is revenue from operations minus direct operating expenses, stood at ₹498.6 crore in the first quarter of this fiscal year, compared to ₹439.9 crore in the year-ago period, according to a regulatory filing on Friday.
The company, an institutionally-managed real estate investment trust (REIT) backed by rent-yielding office assets, has announced a distribution of ₹319 crore to unitholders (₹5.25 per unit) for the June quarter of the 2025-26 fiscal year.
Alok Aggarwal, Chief Executive Officer and Managing Director of Brookfield India REIT, stated, “The fiscal year began on a strong note with healthy leasing momentum, robust occupancy levels, and continued growth in distributions. Our operating performance remains resilient on steady demand for our high-quality assets across key markets.”
Brookfield India REIT also plans to raise up to ₹1,000 crore through the issue of preferential units to investors, which will be issued at ₹310 per unit. It will issue up to 3.23 crore units.
Aggarwal added, “Our proposed fund raise of ₹10 billion through preferential issue will further strengthen our ability to pursue large growth opportunities. This fund raise, combined with the ₹3,500 crore raised in December 2024, will strengthen our capacity to pursue large growth opportunities.”
The REIT is in talks with the sponsor group for potential acquisition of Grade A properties across Bengaluru and Chennai. It has leased 6.51 lakh square feet area in the June quarter, and the occupancy level has improved to 89 per cent.
Brookfield India REIT has 10 Grade A commercial assets in Delhi, Mumbai, Gurugram, Noida, and Kolkata. Its portfolio consists of 29 million square feet of total leasable area, comprising 24.5 million square feet of operating area, 0.6 million square feet of under construction area, and 3.9 million square feet of future development potential.
Frequently Asked Questions
What is the percentage increase in Brookfield India REIT's net operating income for Q1 2025-26?
Brookfield India REIT's net operating income increased by 13% for the first quarter of the fiscal year 2025-26.
What is the Net Operating Income (NOI) for the first quarter of 2025-26?
The Net Operating Income (NOI) for the first quarter of 2025-26 is ₹498.6 crore.
How much has Brookfield India REIT distributed to unitholders for the June quarter of 2025-26?
Brookfield India REIT has distributed ₹319 crore to unitholders for the June quarter of 2025-26, which is ₹5.25 per unit.
What is the proposed fund raise amount through the issue of preferential units?
Brookfield India REIT plans to raise up to ₹1,000 crore through the issue of preferential units to investors.
What is the current occupancy level of Brookfield India REIT's properties?
The current occupancy level of Brookfield India REIT's properties has improved to 89 per cent.
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