The Brookfield India Real Estate Trust comprises of grade-A commercial assets located in four major cities – Mumbai, Gurugram, Noida and Kolkata. These cities have exhibited strong economic fundamentals, healthy demand across sectors and quality supply addition of office space, which are critical drivers for the real estate sector.
Our REIT portfolio consists of five large campus-style office parks located in key gateway cities. Our assets include Kensington, Powai, Mumbai; Candor TechSpace, Sector 21, Gurugram; Candor TechSpace, Sector 62, Noida; Candor TechSpace, Sector 135, Noida and Candor TechSpace, Rajarhat, Kolkata. The combined ‘business critical’ portfolio comprises 18.6 M sf of Total Area, with
14.1 M sf of Completed Area, 0.2 M sf of Under Construction Area and 4.4 M sf of Future Development Potential.
Our assets are well differentiated in their respective markets due to their campus-format offering, strategic location, extensive connectivity, high quality specifications, modern amenities and our focus on sustainability initiatives. The status of these office parks has further been enhanced through our institutional ownership, our Manager’s industry-leading asset management practices and a variety of placemaking initiatives, which have led to superior tenant experiences. These competitive strengths have translated into the office parks outperforming in their micro-markets through a marquee tenant roster, high and consistent occupancy levels, strong renewal and expansion history with existing tenants and outsized rental growth.
FUTURE DEVELOPMENT POTENTIAL
EFFECTIVE ECONOMIC OCCUPANCY
*As on March 31, 2022 (Proforma Portfolio).
Uniquely positioned as the only private IT/ITeS Special Economic Zone in island city of Mumbai. The office park is situated within Hiranandani Gardens, a modern township comprising of residential towers, office complex, hospitals, school and high street retail.
Spread over 28.5 acres, Candor TechSpace, Sec-21, Gurugram (G2) is the largest office Special Economic Zone in Gurugram in terms of leasable area.
Spread over 19.3 acres, Candor TechSpace, Sec-62, Noida (N1) is the largest IT park in Sector 62, Noida micro-market in terms of the leasable area. Located in close proximity to Delhi and is connected to the rest of NCR by 14 lane expressway and the metro rail.
Candor TechSpace, Sector 135, Noida is the largest office park in the emerging IT/ITES hub of the city, offering 4.5 M sf of leasable area. The multi-tenanted workplace In Noida- Greater Noida Expressway is strategically located on an 8-lane expressway with easy access to large residential catchments.
The largest campus style office development in eastern India. The Grade-A office park is spread over 48.4 acres in the New Town precinct of the Rajarhat micro market.