Tag: Brookfield India Real Estate Trust

IndustryLatest Stories

Brookfield India REIT Secures ₹2,000 Cr via Green Bonds

Brookfield India Real Estate Trust has successfully raised Rs 2,000 crore through its first sustainability-linked bonds, with the International Finance Corporation (IFC) as a key anchor investor, according to sources familiar with the matter. Other notable subscribers include a mix of domestic and international institutional investors. The listed REIT is set to issue the bonds with a quarterly coupon of 7.06% over a tenure of five years. This marks the second fundraising effort by Brookfield India REIT in two weeks, following a Rs 3,500 crore equity offering through a qualified institutional placement (QIP) from both domestic and global investors earlier…

IndustryLatest Stories

Two REITs Set for Debt Sales This Month, Sources Say

MUMBAI: Two Indian real estate investment trusts (REITs) are preparing to enter the bond market in the coming days, concluding a year characterized by record issuances from income-generating real estate operators, according to sources familiar with the matter. Merchant bankers note that bonds generally come with fewer restrictions compared to bank loans, enabling trusts to allocate funds across multiple properties. Knowledge Realty Trust and Embassy Office Parks REIT aim to collectively raise around 21 billion rupees (approximately $232.8 million) through shorter-tenor debt instruments. Knowledge Realty Trust intends to secure 16 billion rupees through bonds maturing within four years. Meanwhile, Embassy…

CommercialLatest Stories

Brookfield India REIT Secures ₹3,500 Crore for Growth, Debt Relief

NEW DELHI: Brookfield India Real Estate Trust (Brookfield India REIT) has successfully raised ₹3,500 crore through a qualified institutional placement (QIP) of units, representing one of the largest capital raises by an Indian REIT. The offering, which commenced on December 10, 2025, saw demand surpass three times the available amount. According to the disclosure, the REIT garnered over ₹10,900 crore in demand from both domestic and foreign institutional investors, resulting in the allotment of 10.94 crore units under the QIP. The funds raised will be utilized for portfolio expansion, including the planned acquisition of Ecoworld, a 48-acre, 7.7 million sq…

IndustryLatest Stories

REITs Value Hits ₹1.5 Lakh Crore; Q1 FY26 Distributions Up 13.7%

NEW DELHI: As of market close on August 18, 2025, India’s listed real estate investment trusts (REITs) have achieved a combined market capitalization of approximately ₹1.5 lakh crore. Quarterly distributions rose 13.7% year-on-year to ₹1,559 crore in Q1 FY26, reaching over 2.7 lakh unitholders. Since their inception, the four operational REITs have distributed more than ₹24,300 crore to unitholders up to Q1 FY26. As of Q4 FY25, the domestic REIT industry’s assets under management (AUM) were valued at ₹2.25 lakh crore, with a portfolio exceeding 175 million sq ft of Grade A office and retail space. REITs offer tax-efficient, pass-through…

IndustryLatest Stories

Brookprop pays ₹20.47L to settle REIT rule breach with Sebi

NEW DELHI: Brookprop Management Services, managing Brookfield India Real Estate Trust, settled an alleged REIT norms violation with the Securities and Exchange Board of India (Sebi) by paying Rs 20.47 lakh on Monday. “With the acceptance of the settlement terms and receipt of the settlement amount (Rs 20.47 lakh), the adjudication proceedings initiated through the show cause notice (SCN) dated June 11, 2024, are resolved under the settlement Regulations,” stated Sebi in its order. The notice alleged that the applicant used borrowed funds to facilitate the distribution of Net Distributable Cash Flow (NDCF). This resolution followed the entity’s application to…

IndustryLatest Stories

Indian REITs Surpass ₹1 Lakh Crore Market Capitalization

NEW DELHI: As of July 30, 2025, the total market capitalization of all four publicly listed Real Estate Investment Trusts (REITs) in India has surpassed ₹1 lakh crore. The four REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and chairman of the Indian REITs Association, stated, “This fiscal year has started strongly, fueled by robust leasing activity, high occupancy rates, and continued growth in sector distributions.” According to Q4 FY25 data, India’s REIT market oversees gross assets under…

IndustryLatest Stories

Brookfield India REIT sees 13% NOI growth in Q1 FY26, plans ₹1,000 crore raise.

NEW DELHI: Brookfield India Real Estate Trust (BIRET) has announced a 13% year-on-year (YoY) increase in net operating income (NOI), reaching ₹4,986 million for the quarter ending June 30, 2025. The REIT reported gross leasing of 651,000 square feet during the quarter, achieving an average re-leasing spread of 22%. Committed occupancy improved to 89%, reflecting a 9% rise over the last 18 months since SEZ reforms, with a total of 4.6 million square feet leased across its portfolio. Income from operating lease rentals grew by 9% YoY to ₹4,583 million. The REIT also declared a distribution of ₹5.25 per unit,…