Tag: Brookfield India REIT

IndustryLatest Stories

Brookfield India REIT Initiates QIP for ₹3,500 Crore

NEW DELHI: Brookfield India Real Estate Trust is set to raise up to Rs 3,500 crore through the sale of units to institutional investors. On Thursday, the company initiated its Qualified Institutional Placement (QIP) issue to generate funds. Recently, unitholders of Brookfield India Real Estate Trust endorsed a proposal to secure funding through one or more institutional placements. According to a regulatory announcement, the issue committee of Brookprop Management Services Pvt Ltd, which manages Brookfield India REIT, has authorized the opening of the QIP issue on December 4, 2025, to start receiving bids. The panel also approved a floor price…

CommercialLatest Stories

Brookfield India REIT to Buy 7.7M sq ft Park for ₹13,000 Crore

NEW DELHI: Brookfield India Real Estate Trust (BIRET) announced plans on Tuesday to acquire 7.7 million sq ft of commercial properties in Bengaluru for Rs 13,125 crore as part of its business expansion. The acquisition will be treated as a related party transaction and is expected to be conducted at arm’s length, as stated by the company. In its regulatory filing, BIRET disclosed that the Board of Directors of Brookprop Management Services Pvt Ltd, the trust’s manager, approved the acquisition of up to 100% of the issued and paid-up equity share capital of Arliga Ecoworld Business Parks Pvt Ltd for…

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,…