Brookfield India Real Estate Trust is India’s only institutionally managed public commercial real estate company, sponsored by an affiliate of Brookfield Asset Management (BAM), part of Brookfield Group.
The company has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises of 14.0 msf with 10.3 msf completed area, 0.1 msf under construction and 3.7 msf are of future development. Its completed area has an occupancy rate of 92%.
Multi-national corporations like Barclays, Bank of America Continuum, RBS, TCS, Cognizant, and Accenture are some of the clients of Brookfield India Real Estate Trust.
Competitive Strengths
Global sponsorship by an affiliate of Brookfield Asset Management.
Strategically located properties.
Diversified tenant base across sectors.
strong internal and external growth opportunities.
Experienced senior management team.
Brookfield India REIT Details
| Issue Type | Book Built Issue REIT |
| Face Value | ₹10 per equity share |
| IPO Price | ₹274 to ₹275 per equity share |
| Market Lot | 200 Shares |
| Min Order Quantity | 200 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543261 |
| NSE Symbol | BIRET |
| ISIN | INE0FDU25010 |
| Issue Size | Aggregating up to ₹3,800.00 Cr |
| Fresh Issue | Aggregating up to ₹3,800.00 Cr |
Brookfield India REIT Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 3-Feb-21 |
| IPO Close Date | 5-Feb-21 |
| Basis of Allotment Date | 11-Feb-21 |
| IPO Listing Date | 17-Feb-21 |
Brookfield India REIT Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 200 | ₹55,000 |
| Maximum |
Company Financials:
| PARTICULAR | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 51,367.15 | 53,780.50 | 50,436.97 | 48,932.97 |
| Total Revenue | 4,674.66 | 9,813.95 | 9,298.30 | 8,662.51 |
| Profit After Tax | -739.22 | 151.22 | -157.45 | 1,610.84 |
Company Financials:
BSREP India Office Holdings V Pte. Ltd is the promoter of the company.
Objects of the Issue:
The net proceeds from the Brookfield India Real Estate Trust will be utilized for the following purposes:
To make partial or full payment of existing indebtedness of the Asset SPVs.
To meet general corporate purposes.
registrar & company details
| Company Contact Information | Brookfield India REIT Registrar |
| Brookfield India Real Estate Trust Candor TechSpace IT/ ITES SEZ Building 5A/10, Tikri (Near Subash Chowk) Gurugram 122 018 Phone: +91 22 6600 0700 Email: reit.compliance@brookfield.com Website: https://www.brookfieldindiareit.in/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: brookfield.reit@linkintime.co.in Website: http://www.linkintime.co.in |
