Brookfield India

The company's sales rose 43.40 per cent to Rs 303.60 crore in the July-September quarter, from Rs 211.71 crore during the previous quarter ended September 2021

Brookfield India Real Estate Trust on Monday reported a 48 per cent rise in its net operating income to Rs 241.3 crore for the quarter ended September 30 and announced a distribution of Rs 170.89 crore to unitholders. Its net operating income (NOI) stood at Rs 162.8 crore in the year-ago period. In a regulatory filing, Brookfield India Real Estate Trust informed that the company has declared a distribution of Rs 170.89 crore or Rs 5.10 per unit for the quarter ended September 30, 2022. This takes the total payout this fiscal so far to Rs 10.20 per unit, which is in line with its guidance, the company said in a statement. Its net profit fell to Rs 26.71 crore during the July-September quarter from Rs 68.28 crore in the year-ago period. The total income rose to Rs 311.64 crore from Rs 214.80 crore. On the operational front, the company achieved leasing of 3,06,000 square feet area in Q2 of FY23, of which 1,27,000 square feet is new leasing and 1,79,000 square feet is renewals. It ..

Payouts can be affected by vacancy and tenants defaulting on payments

The units will be issued at a price not less than the rate to be determined in accordance with Sebi's guidelines for REIT

The acquisition and the funding are subject to unitholder and regulatory approvals

Brookfield has declared a Rs 180-crore dividend payout for the September quarter, taking its total profit distribution to Rs 390 crore since listing in February

The country's first publicly traded real estate investment trust (REIT) Brookfield India Real Estate Trust (BIRET) has declared a Rs 180-crore dividend payout for the September 2021 quarter

The JV would expand Brookfield Infrastructure's global data infrastructure portfolio, which includes $23 billion in assets across data transmission, distribution and storage

Mindspace gives 90% of returns; Brookfield, Embassy to follow suit

Brookfield India Real Estate Trust on Thursday reported an almost flat net operating income of Rs 654.8 crore for the last fiscal year

Trust seeks unitholders nod to change name to Data Infrastructure Trust

Earlier this month, Brookfield Reit's Rs 3,800-crore IPO had garnered nearly eight times subscription

It received bids for 5,88,18,600 units against the 7,62,78,200 on offer, according to an update on the NSE

The Real Estate Investment Trust (REIT) public issue will hit the capital market on Wednesday

RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore

Brookfield is steadily building a credit portfolio in real estate. It has built a loan book of $1 billion in the past couple of years

Brookfield will also become a co-promoter in IndoStar and nominate two board members. R Sridhar will continue to lead the company in his role as vice-chairman and CEO of IndoStar

KKR was also in talks to acquire majority stake in Aadhar Housing Finance, a unit of Wadhawan Global Capital

Undertakes commercial project for Pune landlord

Globally, Blackstone owns 230 mn sq ft, as against Brookfield's 131 mn sq ft