Brookfield India Real Estate Trust REIT has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Brookfield India REIT has filed full valuation reports for 11 of its assets with the stock exchanges for the half-year ended March 31, 2025, as required under SEBI REIT Regulations. The assets span key commercial office markets including Kensington SEZ and Downtown Powai in Mumbai, four Candor TechSpace properties in Kolkata, Gurugram and Noida, Worldmark properties in Delhi and Gurugram, and Airtel Center Gurugram and Pavilion Mall Ludhiana. The detailed report for Kensington (SEZ), Powai values the property at ₹2,916.8 crore as on 31 March 2025, based on a 10-year discounted cash flow method. Kensington spans 8.96 acres with 1.6 million sq ft of leasable area and a strong committed occupancy of 95.58%. The full valuation reports have also been published on the Brookfield India REIT website.
This is a routine, SEBI-mandated regulatory disclosure and not an operational update. The Kensington valuation of ~₹2,917 crore and 95.58% occupancy suggest stable asset quality, but investors should compare these valuations against prior half-yearly reports to gauge any meaningful change in portfolio NAV or asset values.