Brookfield India Real Estate Trust · NSE:BIRET.RR
Brookfield India Real Estate Trust — Q1 FY2027 Earnings Presentation
33 slides from Brookfield India Real Estate Trust's earnings presentation, Aug 10, 2026
Slide 1: Investor Update Q1 FY2027
Investor Update Q1 FY2027 August 10, 2026 BROOKFIELDINDIAREIT.IN CANDOR TECHSPACE G1, GURUGRAM
Slide 2: Disclaimer
Disclaimer By reading this presentation (the “Presentation”), you agree to be bound by the following limitations: This Presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular person, and should not be disclosed, reproduced,
Slide 3: High Quality Properties in Gateway Cities
High Quality Properties in Gateway Cities India’s only 100% institutionally managed pan-India office REIT SELECT ASSETS 32.6 MSF Gurugram, Noida, Operating Area New Delhi 33% YoY 17 93% WORLDMARK, NEW DELHI Committed Occupancy ~37% YoY decline in vacancy 3 Mumbai, 4 Kolkata Rs 104 PSF Pune 8 ECOWO
Slide 4: Q1 FY2027 Business Highlights
Q1 FY2027 Business Highlights We have executed on our stated strategy and are poised for continued growth Metric Performance Gross Leasing of 1.1 MSF Re-leasing spread of 14%; achieved additional 0.6 MSF early renewals of expiries beyond FY2027 1 Leasing Committed Occupancy at 93%, 4% YoY Driven by
Slide 5: Leasing Success | Q1 FY2027
1 Leasing Success | Q1 FY2027 Robust leasing performance with 1.1 MSF(1) of gross leasing LEASING UPDATE – CURRENT QUARTER New Gross Renewals Leasing Leasing Area 709,000 390,000 1,098,000 (SF) Accenture SEZ Properties 576,000 252,000 828,000 (SF) Qualcomm Average Rent(2) Rs 99 Rs 101 Rs 100 (PSF) A
Slide 6: Leasing Success | Q1 FY2027 (Cont'd)
1 Leasing Success | Q1 FY2027 (Cont’d) Strong leasing momentum across product categories, driven by GCC demand and robust renewals from existing technology services tenants STRONG GROSS LEASING ACROSS CATEGORIES; KEY GCC EXPANSIONS (KSF) 39% CONTRIBUTION FROM GCCs Honeywell KPMG Global Services IT /
Slide 7: Leasing Success | Airtel Center
1 Leasing Success | Airtel Center Achieved 0.6 MSF early renewal with Bharti Airtel, de-risking its future term expiry 565 KSF 80% LEASABLE ASSET AREA GLA 9 YEARS 5 YEAR LEASE LOCK-IN(1) TERM AIRTEL CENTER, GURUGRAM • Single shot renewal of ~80% area in the building, driven by strong tenant relation
Slide 8: Income and Distributions
2 Income and Distributions Q1 FY2027 FINANCIAL HIGHLIGHTS Q1 FY2027 - DPU COMPOSITION Rs 7.6 Billion Rs 0.35 , 6% NET OPERATING INCOME (1) Rs 0.93 , 17% Rs 1.65 , 29% Rs 4.6 Billion DISTRIBUTIONS (2) Rs 5.60 per unit Rs 5.60 DPU August 13, 2026 Rs 2.67 , 48% RECORD DATE (3) Interest on Shareholder L
Slide 9: Growth and Acquisitions | BKC Floors
3 Growth and Acquisitions | BKC Floors We have signed binding agreements to acquire a 264,000 SF front-office property(1) in BKC, Mumbai’s CBD, in a 50-50 partnership with NCW Prime Offices Fund (part of Nuvama group) KEY ASSET METRICS (ON 100% BASIS)(2) ACQUISITION PRICE Rs 17,000 M OPERATING AREA
Slide 10: Growth and Acquisitions | Opportunities (Waterstones)
3 Growth and Acquisitions | Opportunities High-quality properties owned by our Sponsor Group are approaching stabilization WATERSTONES: 9-ACRE MIXED-USE CAMPUS IN MUMBAI’S AIRPORT BUSINESS DISTRICT 1.4 MSF 58 KEYS 3 ACRE Rs 4,500 M GROSS LEASABLE SERVICED MEMBER’S ONLY ESTIMATED STABILISED AREA RESI
Slide 11: Growth and Acquisitions | Opportunities (Bluegrass)
3 Growth and Acquisitions | Opportunities High-quality properties owned by our Sponsor Group are approaching stabilization BLUEGRASS BUSINESS PARK: 6-ACRE DEVELOPMENT WITH BEST-IN-CLASS AMENITIES 2.0 MSF 100% 50% Rs 2,000 M GROSS LEASABLE COMMITTED OCCUPANCY PRE-LEASED FY2028E AREA TOWER 1 TOWER 2 N
Slide 12: Growth and Acquisitions | Organic Growth
3 Growth and Acquisitions | Organic Growth Steady leasing momentum expected to drive embedded NOI and distribution growth Q1 FY2027 Under Lease Pro-forma Rs Billion Run Rate Contract(1) up (Leased) Occupancy 93% 97.5% 100% Owned Assets (at 100%) 12.0 0.3 1.3(2) 13.6 50% Owned Assets (at 50%) 7.5 0.2
Slide 13: Business Updates
DOWNTOWN POWAI (IT/COMMERCIAL), MUMBAI 01 Business Updates BROOKFIELDINDIAREIT.IN
Slide 14: Significantly Complete and Diversified Portfolio
Significantly Complete and Diversified Portfolio Our portfolio has a Committed Occupancy of 93% and a long-dated WALE of 6.7 Yrs. Dev. Economic Operating Leased Area Committed WALE In-place Rent Asset Potential Interest % Area (MSF) (MSF)(1) Occ. % (1) (Yrs.) (Rs PSF) (2) (MSF) Ecoworld 87% 7.1 6.7
Slide 15: High-quality Tenant Roster
High-quality Tenant Roster SECTOR DIVERSIFICATION OF TENANTS(1) TOP 10 TENANTS(1) % Gross % Leased Tenant Name Industry Contracted Area Rentals Real Estate and Tata Consultancy Services Technology Services 5% 6% Infrastructure, Others, 17% Healthcare, 2% Accenture Consulting 5% 6% 4% Industrials and
Slide 16: Lease Expiry Profile
Lease Expiry Profile Well staggered lease expiry profile with ~33% of the contracted rentals due for expiry till 2030; secured 1.3 MSF commitments against re-leasing / renewal of future expiries in 9M FY2027 / FY2028 4.0 LEASE EXPIRY SCHEDULE(1) 33% 50% 25% 3.5 Achieved Renewals / 19% 8% Re-Leasing
Slide 17: ESG | Strong Sustainability Focus
ESG | Strong Sustainability Focus Continued recognition from global ESG institutions reaffirms our leadership in sustainability Worldmark, New Delhi achieved IGBC Green Existing Building (Operations & Maintenance) Platinum Rating, reinforcing our position as benchmarks for sustainable building opera
Slide 18: Financial Updates
CANDOR TECHSPACE K1, KOLKATA 02 Financial Updates BROOKFIELDINDIAREIT.IN
Slide 19: Property Income
Property Income Rs Million Q1 FY2027 Q1 FY2026 KEY DRIVERS • Rs 2,563 million (56.0%) YoY increase: Operating Lease Rentals (OLR) Rs 7,140 Rs 4,577(1) - Rs 395 million (8.6%) due to same store new leasing and contractual escalations partly offset by expiries - Rs 2,168 million (47.4%) attributable t
Slide 20: NDCF | Walkdown
NDCF | Walkdown Rs Million Q1 FY2027 Rs Million Q1 FY2027 Operating Lease Rentals (OLR) Rs 7,140 NDCF Distributed to REIT Rs 4,770 CAM / Other Revenue 2,599 Interest on Shareholder Debt/CCD/NCD 1,770 Revenue from Operations Rs 9,738 Dividends 784 CAM / Other Direct Expenses (2,173) Repayment of Shar
Slide 21: Capital Structure and Liquidity
Capital Structure and Liquidity Our portfolio is well capitalized for near term growth and maintains a AAA credit rating 25.9% Dual AAA Rating 7.3% LTV EXCLUDING SHAREHOLDER [ICRA]AAA(STABLE) AVERAGE INTEREST INSTRUMENTS(1) CRISIL AAA/STABLE RATE GROSS DEBT MATURITY PROFILE (Rs BILLION) GROSS DEBT C
Slide 22: Information Supplement
WORLDMARK, GURUGRAM 03 Information Supplement BROOKFIELDINDIAREIT.IN
Slide 23: Brookfield: One of the World's Largest Real Estate Portfolios
Brookfield: One of the World’s Largest Real Estate Portfolios With ~$280B in real estate AUM and ~24,000 employees across 50+ countries, Brookfield owns, operates and manages one of the world’s largest, highest quality portfolios BROOKFIELD PLACE, NEW YORK CANARY WHARF, LONDON BROOKFIELD PLACE, TORO
Slide 24: Leasing Q1 FY2027
Leasing Q1 FY2027 SELECT NEW LEASES / RENEWALS Tenant Assets Area (SF) Honeywell Ecoworld 120,000 Rs 100 PSF AVERAGE RENT ON GROSS LEASING (1) KPMG Global Services N2 76,000 Global Home Appliances Co. G1 74,000 Qualcomm N2 65,000 Mediatek Ecoworld 62,000 14% RE-LEASING SPREAD (1) Computacenter N2 51
Slide 25: Detailed Lease Expiry Schedule
Detailed Lease Expiry Schedule Area Expiring (‘000 SF) % of Gross Rentals In-place Rent at Expiry (Rs PSF)(1) Asset/Financial Year 9M 27E 28E 29E 30E 9M 27E 28E 29E 30E 9M 27E 28E 29E 30E Ecoworld 697 311 646 179 12% 5% 10% 3% Rs 106 Rs 110 Rs 98 Rs 114 Downtown Powai 335 613 415 749 17% 30% 19% 30%
Slide 26: Portfolio Occupancy: Q4 FY2026 to Q1 FY2027
Portfolio Occupancy: Q4 FY2026 to Q1 FY2027 March 31, 2026 June 30, 2026 Operating Leased Committed Operating Leased Committed Asset (KSF) Leasing Expiries Renewed Area Area Occupancy Area Area Occupancy Ecoworld(1) 7,057 6,652 94% 206 (192) 20 7,082 6,687 94% Downtown Powai 4,477 4,264 95% 21 (82)
Slide 27: Q1 FY2027: New leasing and Renewals
Q1 FY2027: New leasing and Renewals Asset New Leasing Renewals Gross Leasing (1) (1) Areas (KSF) Area Rent PSF PM Area Rent PSF PM Area Rent PSF PM (1) Ecoworld 206 Rs 112 20 Rs 116 226 Rs 112 Downtown Powai 21 193 86 194 106 194 IT / Commercial 21 193 86 194 106 194 SEZ - - - - - - G2 1 - - 1,157 1
Slide 28: Property Income | Consolidation Details (Q1 FY2027)
Property Income | Consolidation Details (Q1 FY2027) OPERATING LEASE REVENUE FROM NET OPERATING Rs Million; RENTALS (OLR) OPERATIONS INCOME(1) Q1 FY2027 Q1 FY2026 Q1 FY2027 Q1 FY2026(2) Q1 FY2027 % OLR Q1 FY2026 % OLR Ecoworld Rs 2,168 - Rs 2,767 - Rs 2,172 100% - - Downtown Powai 2,088 1,910 2,370 2
Slide 29: Capital Structure and Liquidity
Capital Structure and Liquidity Our portfolio is well capitalized for near term growth and maintains a AAA credit rating GROSS DEBT SUMMARY REIT Shareholder Borrowings (2) Cost of Debt (Rs Billion) (1) Debt / NCD (3) REIT 27.1 7.2% - Ecoworld 43.4 7.4% 2.6 Downtown Powai (SEZ) - - 12.5 Downtown Powa
Slide 30: Holding Structure
Holding Structure TRUSTEE MANAGER (1) Axis Trustee Services Brookprop Management Limited Services Private Limited 100% 50% OPERATIONAL SERVICE PROVIDERS Holding Airtel Center Mountainstar India 100% 50% Company Office Parks Private Limited Rostrum Realty Candor India Office Private Limited(2) Parks
Slide 31: Research Coverage
Research Coverage RESEARCH HOUSE ANALYST EMAIL ID Ambit Karan Khanna Karan.Khanna@ambit.co Avendus Girish Choudhary Girish.C@avendusspark.com Axis Capital Pritesh Sheth Pritesh.Sheth@axiscap.in 360One Capital Deep Shah Deep.Shah@bksec.com BOB Capital Markets Yashas Gilganchi Yashas.Gilganchi@bobcaps
Slide 32: Glossary
Glossary AEIPL Arliga Ecoworld Infrastructure Private Limited Bharti Group Bharti Enterprises Limited and its affiliates BIRET / Brookfield India REIT Brookfield India Real Estate Trust Brookfield Group / Sponsor Group Brookfield Corporation and its affiliates CAM Common Area Maintenance CGORPPL Can
Slide 33: Glossary (Cont'd)
Glossary (Cont’d) Kairos Kairos Properties Private Limited Kensington Kensington, Powai Mark-to-market (MTM) Headroom / Refers to the potential change in base rent between new leases signed at market rates and Spread leases expiring at in-place rents, reflected as a % change LTM Last Twelve Months M
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