Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Brookfield India REIT reported strong Q4 and FY2026 results. Net Operating Income grew 24% YoY to Rs 22.9 billion for the full year. Distribution per unit (DPU) came in at Rs 21.40, up 11.2% from FY2025. Gross Asset Value stood at Rs 565 billion with NAV of Rs 387 per unit as of March 31, 2026. Record leasing of 4.0 million sq ft was achieved during FY2026 with an 18% re-leasing spread. Committed occupancy improved to 93%, up from 89% a year ago, driven by SEZ and non-SEZ occupancy growth. The Ecoworld acquisition in Bengaluru added 7.7 million sq ft of operating area. The REIT raised Rs 26 billion via a QIP in April 2026 and has dry powder of Rs 50+ billion for future acquisitions. The portfolio spans 32.5 million sq ft across key gateway cities with a WALE of 6.7 years.
Strong operating performance with NOI and DPU growth signals healthy underlying business. The Rs 26 billion QIP strengthens the balance sheet and acquisition capacity. DPU growth of 11% YoY is positive for unit holders. Low LTV of ~25% pro-forma provides significant headroom for growth.