Value Creation Model

VALUE CREATION MODEL
Manufactured Capital
  • Gross Leasable Area (GLA): 29.0M sf
  • No. of assets: 10
  • Operational footprint: 6 cities
  • Value Accretive Acquisition of North Commercial Portfolio
  • Development and Operations aligned with global sustainability standards
Intellectual Capital
  • Brookfield’s (Sponsor) global partnerships and operating expertise
  • Integrated sustainable design principles including both embodied and operational carbon efficiency and universal accessibility
  • Total spend on Innovation and R&D: ₹2.5 crore
Natural Capital
  • Total Energy consumption: 1,062,822 GJ
  • Total Renewable energy consumption: 4,22,330 GJ
  • Water withdrawal: 2,149 ML
  • Waste recycled: 5,359 tonnes
  • Total carbon emissions: 184,173 MTCO2E
Human Capital
  • Number of Employees: 143
  • Spend on Employees & Welfare: ₹247.47M
  • Safety Training Manhours for Employees and Associates: 136,768
Social and Relationship Capital
  • Total occupiers: 252
  • Total spend on Social Impact: ₹71 Lakhs
  • No. of NGO Partnerships: 4
  • Local sourcing %: 99.8
Financial Capital
  • Gross Asset Value (GAV): ₹380B
  • Net Asset Value: ₹336/Unit
  • Total Fundraising: ₹47.28B
  • DPU: ₹19.25/unit
OUR AMBITION: REAL ESTATE, REIMAGINED
Our ESG Mission

Helps build a better world for people, business, community and planet

Our Business Strategy

Proactive asset management based on strong governance and class leading sustainable practices. Pursuing robust NOI growth through asset enhancements and value accretive acquisitions with prudent capital management.

OUR PORTFOLIO
  • Candor TechSpace - Gurugram, Noida, Kolkata
  • Downtown Powai - Mumbai
  • Worldmark - New Delhi, Gurugram
  • Airtel Center - Gurugram
  • Pavilion Mall - Ludhiana
Industry Outlook

To meet the evolving requirements, we build portfolio of quality and innovative office spaces that promote collaborative work environments and serve as talent magnets.

Link to: Industry Outlook
Risk and Opportunities

Our Risk management is agile in response to changes in the operating environment, fostering a culture of risk awareness that proactively strengthens risk management capabilities.

Link to: Promote trust through governance
Performance

Our performance is backed by a 6% increase in YoY occupancy. There has been a same-store NOI growth of 15% and an 8.5% increase in YoY DPU driven by strong leasing of ~3.0M sf in FY2025. We have seen a 17% growth in NDCF due to the acquisition of 3.3M sf of high-quality assets of the North Commercial Portfolio.

Link to: Management discussion and analysis
Embedding Good Governance

The governance structure supports strategic decisions that balance short-term needs with long-term goals, aligning the interests of the business and society at large to create sustainable value.

Link to: Promote trust through governance
Manufactured Capital
  • Operational: 24.5M sf
  • Under construction: 0.6M sf
  • Future Development: 4.6M sf
Intellectual Capital
  • Area under ISO certifications (ISO 9001:2015, 14001:2015 & 45001:2018): 100%
  • Area under one sustainability certification (IGBC/BEE ENERGY STAR/ISO 14001): 98%
  • GRESB 5-STAR Rating for third time in a row
  • Area under WELL Equity portfolio:
Natural Capital
  • Energy Intensity: 12.5 kWh/ sq ft
  • Share of RE in energy consumption: 37.2%
  • Water intensity: 0.121 kl/sf
  • 42% of water reused
  • Reduction in air emissions from RECD devices: 70%
  • 37% (For Scope 1 and Scope 2 from the baseline year) reduction in emission intensity
  • 1,000+ cu. sf generated natural compost annually from Candor TechSpace, G2
  • 1,300+ native species planted using Miyawaki technique
  • % area under softscape: 25%
  • % portfolio assessed for climate risk: 100%
Human Capital
  • Gender Diversity: 24%
  • Turnover rate: 16%
  • Lost Time Injury Frequency Rate (LTIFR): 0
Social and Relationship Capital
  • Gross Leasing = ~3M sf
  • CSR beneficiaries count: 6,700+
  • No. of trees planted in 3 years and tons of carbon sequestered: 4,600/100 metric tons
  • Net Promoter Score: 37
Financial Capital
  • Adjusted NOI: ₹19.5B
  • Distribution per unit: ₹19.25/Unit
  • Average Loan-To-Value (LTV): 28%*
  • Dual AAA Rating: ICRA AAA(STABLE) + CRISIL AAA(STABLE)

*100% Debt and GAV of Asset SPVs (excluding Arnon, Aspen and Oak) and 50% Debt and GAV of North Commercial Portfolio as on March 31, 2025 and including liability component of CCDs and NCDs held by affiliates of GIC.

Manufactured Capital

India’s only 100% institutionally managed office REIT, sponsored by Brookfield Asset Management, one of the world’s largest alternative asset managers. We manage ten Grade-A assets in key gateway cities across India, making us the preferred ‘landlord of choice’.

Intellectual Capital
  • Recognized for integrated sustainable design, development and operations across the portfolio through various benchmarks and awards
  • Reducing embodied carbon emissions by identifying strategies allowing for 11-15% reduction (across typologies)
Natural Capital
  • Targeting Net Zero by 2040 or sooner as well as 100% portfolio on renewable energy by 2027
  • Reducing reliance on the fossil fuel and increasing share of renewables in energy mix to reduce operational carbon footprint
  • Promoting circularity, reducing air emissions and increasing area under efficient land cover and land use
Human Capital

We value our people and support their long-term success by seeking opportunities for them to grow and develop professionally. We encourage a workplace culture where equal opportunity is provided to all without any discrimination

Social and Relationship Capital

Our approach to tenant engagement revolves around trust, collaboration, and responsiveness to create engaging and meaningful experiences. The community is an integral part of our business. We endeavor to collaborate with the communities to take meaningful actions and strive to play the role of positive influence to help underserved sections of the society.

Financial Capital

At Brookfield India REIT, we are uniquely positioned to achieve strong medium-to-long-term growth. Our confidence in the growing Indian economy and the commercial office space, coupled with a strong financial profile, provides a trajectory for future expansion and value creation for our unitholders.

We offer strong, stable cashflows through diversification while focusing on downside protection, across market cycles.

Manufactured Capital

100% green leasing across portfolio

Intellectual Capital
  • 100% assets have green building ratings
  • 20% embodied carbon reduction target in developments
  • 100% accessibility features embedded across buildings
  • Channeling investments in alignment with national goals for low-carbon growth
Natural Capital
  • 15% reduction in energy intensity
  • Water Positive in operations
  • Net Zero Waste in operations and development
  • 100% assets to achieve good or excellent indoor air quality
  • 50% reduction in portfolio carbon emissions
  • 100% assets with biodiversity assessment and neutrality plan
  • 100% portfolio assessed for both physical and transition risk every three years
Human Capital
  • 16 Hours of training per employee per annum
  • Workforce skilled for futuristic roles and technologies
  • 25% women’s representation on the Board
  • Zero serious safety incidents
  • 12 volunteering hours per capita per annum through Brookfield Cares
Social and Relationship Capital
  • 70 target NPS Score
Financial Capital
  • ₹1,000 crore sustainable financing across portfolio