Brookfield India Real Estate Trust (BIRET) reported its highest-ever quarterly performance in Q4 FY2026, driven by robust leasing activity and strong financial growth. The REIT reported gross leasing of 1.6 million square feet in the quarter, with nearly half contributed by global capability centres, the demand coming across tenant segments.

Re-leasing spreads came in at 15 per cent, reflecting healthy rental growth momentum.

The REIT’s Net Operating Income (NOI) surged 53 per cent year-on-year to ₹743 crore, while Operating Lease Rentals rose 55.7 per cent to ₹712.3 crore. It declared a quarterly distribution of ₹5.50 per unit.

“FY2026 marked a strong year, supported by record gross leasing of 4 million square feet that led to occupancy growing by 5 per cent year-on-year,” said Alok Aggarwal, CEO and Managing Director of Brookfield India REIT.

For the full financial year, the REIT reported record gross leasing of 4 million square feet, the highest since listing, with re-leasing spreads of 18 per cent.

Operating Lease Rentals increased 22.9 per cent to ₹2146.6 crore, while NOI grew 23.8 per cent to ₹2291.3 crore. Annual distributions rose 11 per cent to ₹21.40 per unit. Occupancy improved to 93 per cent as of March 31, 2026, marking a 5 per cent year-on-year increase.

The year also saw strategic expansion with the acquisition of Ecoworld, a 7.7 MSF Grade A office campus in Bengaluru, which significantly enhanced scale and diversification.

Brookfield India REIT also raised over ₹8,200 crore in equity since April 2025 from marquee domestic and global investors, alongside ₹2,000 crore through a sustainability-linked bond anchored by IFC.

With a portfolio spanning 37 million square feet across India’s key gateway markets, Brookfield India REIT continues to position itself as the “landlord of choice” for global and domestic tenants.

Published on May 12, 2026