Investor Presentaiton
FY2021 Business Highlights
Brookfield
India Real Estate Trust
Portfolio remained resilient in FY2021, maintaining a 91% Same-store Occupancy (1) and
99%+ rental collections
Collections
Leasing
99%+
Operating Lease
Rentals Collected
-9%
•
Collections of operating lease rentals remained robust at 99%+
•
Avg Escalation on
3.7 MSF area
~9% average escalation on 3.7 MSF leased area
•
Minimal rental pressure due to 31% spread to market rents
673,000 SF
Leased and Renewed
17%
Avg Re-leasing
Spread
. Leased 673,000 SF in FY21
122,000 SF new leasing
551,000 SF renewals with 17% average re-leasing spreads
Retained 1.7 MSF of tenancy (which had typical break options)
• 87% Committed Occupancy and 91% Same-store Occupancy
(1)
Development 481,000 SF
~Rs 400M
and Capex
New Area
Delivered
Upgrade Capex Spent
•
•
Despite labour disruptions, 481,000 SF in N1 was delivered in
September 2020
On track to deliver 80,000 SF Amenity Block in N1 in Q2 FY22
Revamped the occupier amenities in K1
Commencing planned upgrades in Kensington with best-in-class
amenities
(1) Same-store Occupancy excludes areas developed during the year (481 KSF delivered in N1 Sep '20). Overall Committed Occupancy is 87% including such areas.
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