Investor Presentaiton
Property Income | Walkdown
MILLIONS
FY2023
FY2022
Income from Operating Lease
Rentals (OLR)
Rs 8,268
Rs 6,476
(+) CAM / Other Revenue
3,702
2,292
Revenue from Operations
Rs 11,970
Rs 8,768
(-) CAM / Other Direct Expenses
(3,085)
(2,038)
Brookfield
India Real Estate Trust
•
KEY DRIVERS
Rs 1,792 million (27.7%) YoY increase:
o Rs 1522 million (23.5%) due to addition of N2 in REIT
o
Rs 270 million (4.2%) due to recent new leasing and
contractual escalations
Rs 1,410 million (61.5%) YoY increase:
o Rs 835 million (36.4%) increase due to addition of N2 to
the REIT
o Rs 575 million (25.1%) increase primarily due to higher
physical attendance and some occupiers moving to
higher hours of operation, leading to increase in CAM
revenues
Net Operating Income (NOI)
Rs 8,885
Rs 6,730
% Margin on OLR
107%
104%
(+) Income Support
Adjusted NOI
722
228
Rs 9,608
Rs 6,958
•
Rs 1,047 million (51.4%) YoY increase:
Rs 759 million (37.3%) increase due to addition of N2 to
the REIT
o Rs 288 million (14.1%) increase due to increase in O&M
expenses compared to previous year primarily due to
higher physical attendance
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