Overview

Brookfield India Real Estate Trust is sponsored by an affiliate of Brookfield Asset Management, one of the world’s largest alternative asset managers and investors. With approximately US$600 billion of assets under management, as of March 31, 2021, across real estate, infrastructure, renewable power, private equity and credit strategies, Brookfield Asset Management has a global presence of over 150,000 operating employees across more than 30 countries, as of March 31, 2021. Listed on the NYSE and TSX, it has a market capitalization of over US$70 billion as of March 31, 2021.

As of March 31, 2021, Brookfield Asset Management has over US$200 billion of real estate assets under management, and over 500 M sf across multiple real estate asset classes, with strong real estate capabilities in leasing, financing, development, design, construction and property management. We benefit significantly from Brookfield’s rich experience in managing listed vehicles globally, including Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN), which is one of the world’s premier commercial real estate companies.

In long-term our strategy will be supported by Brookfield Asset Management’s extensive local market and asset knowledge in India. It has a decade-long presence in India and manages a portfolio of approximately US$17 billion across real estate (US$4.6 billion), infrastructure (US$9.7 billion), renewable power (US$ 0.6 billion) and private equity (US$2.1 billion) as of September 30, 2020.

Overview

$600B

Total Asset under management

30

Countries

150,000

Operating Employees

Brookfield Asset Management Advantage

  • Strategically located properties that are difficult to replicate – Our office parks are among the highest quality office parks in India, distinguished by their size and scale. They are located in the key gateway markets of Mumbai, Gurugram, Noida and Kolkata with easy access to mass transportation, high barriers to entry for new supply, limited vacancy, and robust historical rental growth rates.
  • Placemaking capabilities – Placemaking is ingrained in our Manager and Sponsor’s, design, development and operating philosophy, enabling us to provide our tenants with a unique “service-based experience”. The size and scale of our fully-integrated office parks allows us to deliver an all-encompassing workspace ecosystem to our tenants with modern infrastructure and amenities, including daycare facilities, premium F&B outlets, convenience shopping kiosks, shuttle services, multi-cuisine food courts and sports and fitness facilities.
  • Diversified blue chip tenant roaster and cash flow stability – Our office parks are “business-critical” to our tenants and their employees. In addition to diversified base of marquee tenants, our REIT portfolio has a stable, long-term tenancy profile with staggered expirations and a weighted average lease expiry of 6.5 years, providing significant cash flow stability to our business.
  • Significant Identified Internal and External Growth Opportunities – The value of our real estate assets will have two sources of growth. The first is expected through opportunities to increase NOI from our REIT portfolio, and the second through acquisition of additional properties.

    Internal Growth – As a result of contractual escalation provisions in almost all of our leases, mark-to-market of in-place rents as long-term leases expire, lease-up of recently completed construction and near-term “on-campus” development, we have a strong foundation for organic cash flow growth.

    External growth – Our conservative and prudent capital structure will enable us to drive additional growth through value accretive acquisitions. We expect to significantly benefit from our options to acquire two large campus-styled office parks owned by members of the Brookfield Group in Gurugram and Noida, and our right of first offer properties situated in Mumbai.

  • Experienced, Cycle-Tested Senior Management Team – All properties in our REIT portfolio, prior to the offering, are owned and managed, directly, and indirectly, by affiliates of Brookfield Asset Management. Our Manager’s team has deep domain knowledge and experience in managing these properties and has demonstrated a robust track record in delivering value.

IPO Information