Investor Presentaiton
Q4 FY2023 | Business Highlights
We witnessed continued leasing demand with 1.2 MSF of gross leasing this quarter
New Leasing
0.3 MSF
New
Leasing
Renewal
Success
0.9 MSF
Renewals
Organic Growth
15%
Increase in NOI Run Rate
89%
Effective Economic
Occupancy
Brookfield
India Real Estate Trust
• Achieved 255,000 SF of new leasing
•
Signed expansion options of 25,000 SF in K1 and 264,000
SF in Kensington
Progressing on a 1.1 MSF leasing pipeline
72%
Renewal %
• Renewed 926,000 SF at a spread of ~35%
14%
Escalation
Achieved
•
Increase of 15% in NOI Run Rate from Q4 FY2022 to Q4
FY2023, neutralizing the impact of increase in interest rates
• Achieved 13.5% average escalation (1) on 0.6 MSF leased
area
IEX platform
ESG Success
Potential to reduce GHG
emissions by ~7,000 MT
812 MT
CO2
sequestrated
Signed a Power Purchase Agreement to procure up to 60% of
the energy required at N1 and N2 through the IEX Platform
• 812 metric tonnes of CO2 has been sequestrated by the
~20,000 trees at the REIT assets as per the latest
assessment
(1) Average escalation is weighted by rent; Average escalation in G2, N1, N2 and K1 is ~14% (3 year escalations) and in Kensington is 5% (annual escalations).
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