Investor Presentaiton
Significant Organic Growth Potential
Brookfield
India Real Estate Trust
We achieved a 15% growth in the contracted NOI run rate from Q4 FY2022 and have an
embedded growth headroom of ~13%
NOI GROWTH POTENTIAL
(RS MILLIONS)
+13%
8,842
+15%
Contracted NOI Run Rate
11,404 - 11,554
Rs 10,144
300-370
960 - 1,040
366
936
9,778
Q4 FY2022 NOI
Run Rate (1)
Growth vs Q4
(2)
FY22
Current NOI
Run Rate
H2 FY2023
Lease-up
+ MTM on
Renewal (3)
I
Vacant Area
Lease-up (4)
Margin
Recovery (5)
Stabilized
NOI Run Rate
(1) Includes the NOI for N2 for pre-acquisition period of 23 days in Q4FY2022.
(2) Includes escalations, lease-up and margin recovery during FY2023.
(3) Indicates the contracted NOI for leases signed in H2 FY2023 which will reflect in the NOI in the subsequent quarters and the mark-to-market achieved on renewals.
(4) Incremental NOI based on management estimates, net of a) 28% revenue share payable to landowner (GIL) and b) Income Support.
(5)
On existing leased areas, we expect NOI Margin to revert to pre-Covid levels as occupancy picks up and CAM recovery improves across the properties.
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