Brookfield India Real Estate Trust’s stock gained 1.29 per cent to ₹299.55 on the NSE by 11:55 am today, following the announcement of its Q3 FY2025 results. The company reported a 17 per cent year-over-year increase in same-store net operating income for the quarter ended December 31, 2024.

The office REIT’s operating lease rentals grew 13 per cent year-over-year to ₹442.6 crore, while adjusted net operating income rose 11 per cent to ₹503.7 crore. The trust achieved gross leasing of 11 lakh square feet with an average re-leasing spread of 14 per cent during the quarter.

BIRET’s committed occupancy improved to 87 per cent, marking a 7.7 per cent increase over the past 12 months. The company announced a distribution of ₹4.90 per unit for Q3, with a dividend component of 21 per cent.

The trust recently completed a significant capital raise of ₹3,500 crore through a Qualified Institutional Placement (QIP), attracting investments from major institutions including the International Finance Corporation, Life Insurance Corporation of India, and leading mutual funds.

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In the first nine months of FY2025, BIRET acquired a 50 per cent stake in a 33 lakh square feet commercial portfolio in Delhi-NCR from Bharti Enterprises for ₹1,228 crore. The trust currently manages 2.89 crore square feet of total leasable area across key markets in India.