Brookfield India Real Estate declares Q3FY22 result: Planned distribution of Rs 1.5 billion (Rs 5.00 per unit) this quarter, with 34% of distributions tax free for unit holders. Total cumulative distribution of Rs 17.00 per unit since listing Generated NDCF of Rs 1.4 billion (Rs 4.74 per unit) for the quarter, totalling Rs. 5.3 billion (Rs 17.59 per unit) since listing Achieved a ~40 bps reduction in borrowing costs and continue to maintain a strong balance sheet with 33% loan-to-value ratio post N2 Acquisition Income from Operating Lease Rentals at Rs 1.4 billion (4.3% decrease over Q3 FY2021) and Net Operating Income at Rs 1.5 billion (7.7% decrease over Q3 FY2021) with an expected pick up in subsequent quarters driven by the new leases contracted in Q3 FY2022 Result PDF
Conference Call with Brookfield India Real Estate Trust Management and Analysts on its acquisition. Listen to the full transcript.