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Brookfield REIT
India's five listed real estate investment trusts (REITs) have distributed more than Rs 8,900 crore to unitholders during the last fiscal year amid strong demand for rent-yielding commercial assets. REITs are investment vehicles that own or operate income-generating real estate, enabling investors to earn a share of the income produced without directly purchasing the properties. As per the rules, REITs distribute income to unitholders in various forms, including dividend. In 2025-26 fiscal year, there were only five listed REITs -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Sattva Group backed Knowledge Realty Trust, K Raheja Group-sponsored Mindspace Business Parks REIT, and Nexus Select Trust. The sixth REIT Bagmane Prime Office REIT got listed on stock exchanges earlier this month. In a statement on Monday, Indian REITs Association (IRA) said, "The five publicly listed REITs in India collectively distributed over Rs 2,566 crore to more than 4.25 lakh unithold
Brookfield India Real Estate Trust has reported a 52 per cent increase in net operating income to Rs 742.9 crore and declared a distribution of Rs 456 crore to unitholders for the March quarter. According to a regulatory filing, the company's net operating income (NOI) rose to Rs 2,291.3 crore during the last fiscal from Rs 1,854 crore in 2024-25. The board declared distribution of Rs 456.43 crore/ Rs 5.50 per unit for the quarter ended March 31, 2026. The distribution to unitholders comprises interest payments on shareholder loans; repayment of SPV (special purpose vehicle) debt and NCDs (non-convertible debentures); dividends; and interest on fixed deposits. "Together with distributions already made during the three previous quarters, the distributions for the full year ended March 31, 2026, amount to Rs 1,516.17 crore or Rs 21.40 per unit. "FY2026 marked a strong year, supported by record gross leasing of 4 million square feet that led to occupancy growing by 5 per cent ...
Brookfield India Real Estate Trust has posted more than eight fold jump in consolidated net profit at Rs 201.22 crore for the quarter ended December 2025. Its net profit stood at Rs 23.42 crore in the year-ago period. Total income rose to Rs 727.86 crore during October-December period of this fiscal from Rs 635.38 crore a year ago, according to a regulatory filing. The company also declared distribution of Rs 404.66 crore or Rs 5.40 per unit to the unitholders, for the quarter. Brookfield India REIT manages 11 Grade A office assets in Delhi, Mumbai, Bengaluru, Gurugram, Noida, Kolkata. Its portfolio consists of 37 million square feet of total leasable area, comprising 32.4 million square feet of operating area, 0.6 million square feet of under construction area and 4 million sq ft of future development potential.
Brookfield India Real Estate Trust (BIRET) on Tuesday said it is planning to acquire 7.7 million sq ft of commercial assets in Bengaluru for Rs 13,125 crore to expand business. This will fall in related party transaction and is proposed to be done at arm length basis, the company said. In a regulatory filing on Tuesday, the company said the Board of Directors of Brookprop Management Services Pvt Ltd, which is the manager of BIRET, approved the acquisition of up to 100 per cent of the issued and paid-up equity share capital of Arliga Ecoworld Business Parks Pvt Ltd at an acquisition price of Rs 1,31,250 million from the existing shareholder of Ecoworld SPV. The existing shareholders of Ecoworld SPV are BSREP III New York FDI I (DIFC) Ltd (including its nominee, BSREP III New York II (DIFC) Limited), forming part of the Brookfield group. "Building on our strong inorganic growth track record, we announced the proposed acquisition of Ecoworld, which is a 48-acre, 7.7 million square fee
Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by CREDAI and Anarock. CREDAI, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event here. At present, there are five listed REITs in India - Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust are backed by rent-yielding retail real estate (shopping malls) while the other four are office REITs. "Average distribution yields of Indian REITs range between 6 per cent and 7.5 per cent, competitive with fixed-income instruments but with the added potential for capital appreciation," the joint report said. Comparing with other REIT markets globally, the report found that India still lags
Brookfield India Real Estate Trust has posted 13 per cent increase in its net operating income to Rs 498.6 crore for the first quarter of this fiscal year and announced plans to raise up to Rs 1,000 crore through issue of preferential units to investors. Its Net Operating Income (NOI), which is revenue from operation minus direct operating expenses, stood at Rs 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, announced distribution of Rs 319 crore to unitholders (Rs 5.25 per unit) for June quarter of 2025-26 fiscal. Brookfield India REIT also plans to raise up to Rs 1,000 crore through issue of preferential units to investors. It will issue up to 3.23 crore units at Rs 310 per unit. "The fiscal year began on a strong note with healthy leasing momentum, robust occupancy levels, and continued growth in distributions," said Alok Aggarwal, .
Brookfield India Real Estate Trust on Tuesday reported a 16 per cent increase in net operating income to Rs 488.5 crore and announced a distribution of Rs 319 crore to unitholders for the latest quarter ended March. Its Net Operating Income (NOI) stood at Rs 422 crore in the year-ago period. The company announced the distribution of Rs 319.1 crore (Rs. 5.25 per unit) to its unitholders for the March quarter, 10.5 per cent higher than the fourth quarter of the 2023-24 fiscal, according to a regulatory filing. During the full 2024-25 fiscal, the NOI grew by 37 per cent to Rs 1,854 crore from Rs 1,350 crore in the preceding year. The company declared total distributions of Rs 1,053.7 crore (Rs 19.25 per unit) in the last fiscal, an increase of 8.5 per cent than 2023-24 financial year. "Our fiscal 2025 has been a remarkable all-round performance, delivering strong leasing, double-digit same-store growth, higher distributions, and a marquee acquisition," said Alok Aggarwal, CEO and ...
Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. The issue saw strong demand from long-term investors including a mix offerings from institutions, mutual funds, and life insurance companies. "The issue marked the first REIT investments in India from the International Finance Corporation (part of the World Bank group) and Life Insurance Corporation of India," Brookfield India REIT said. Other anchor investors included SBI Mutual Fund and ICICI Prudential Mutual Fund. The total demand secured from investors was over Rs 5,200 crore, of which Rs 3,500 crore was allotted. The funds raised will be used primarily for reduction of debt. The Issue Committee of the Board of Directors