Brookfield India REIT Our Journey Our Properties Sustainability Management Discussion and Analysis Unitholder Value Creation

Built for Growth
Designed for Scale.

Annual Report FY2025-26

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FY2025-26 Highlights

Scaling the Continuum

Operational Performance

4M sf
Gross Leasing
10% YoY
Same-store net operating income (NOI) growth
93% (↑5% YoY)
Committed Occupancy
386.66 per unit
NAV
3.5M sf
SEZ area converted/applied into non-processing area

Financial Performance

21,466M
Income from operating lease rentals3
29,711M
Revenue from operations3
22,418M
EBITDA at SPV level3

Value Creation and Distribution

22,913M
Net operating income2
15,161.78M
Distributions1
21.40
Distribution per unit (DPU)

1 For the year ended March 31, 2026 including distribution from the North Commercial Portfolio

2 Excludes NOI of ₹5.6B from North Commercial Portfolio

3 It does not include the North Commercial Portfolio that has been included in the financial statements separately as joint venture

01/03

Our Journey

Advancing Our Asset Base

Our Journey
The IPO Story FY2020-21

Initiating

We successfully executed our IPO proceedings amid one of the most challenging market environments.

4
Assets
14M sf
Total Leasable Area
₹ 115B
Gross Asset Value
52
Office Tenants
FY2021-22 to FY2022-23

Growing Capabilities

Leasing activity strengthened during the year, reflecting sustained demand for high-quality, collaborative workspaces.

5
Assets
18.7M sf
Total Leasable Area
₹ 160B
Gross Asset Value (FY22)
₹ 164B
Gross Asset Value (FY23)
75
Office Tenants

Numbers are as at FY2023-24

FY2023-24 to FY2024-25

Scaling for Future

Across FY2023-24 and FY2024-25, Brookfield India REIT continued to execute its growth strategy with a focus on high-quality asset expansion and consistent operational performance.

10
Assets
29M sf
Total Leasable Area
₹ 292B
Gross Asset Value (FY24)
₹ 380B
Gross Asset Value (FY25)
251
Office Tenants

Numbers are as at FY2024-25

FY2025-26

Stepping Ahead

Our expansion trajectory continued with the acquisition of Ecoworld, a fully built Grade-A campus on Bengaluru’s Outer Ring Road.

11
Assets
37.1M sf
Total Leasable Area
₹ 565B
Gross Asset Value
313
Office Tenants
01/04

From The Chairman's Desk

India's Defining Decade – and the
Platform We've Built to Capture It

“Our acquisition of Ecoworld marked our entry into Bengaluru, one of India's strongest office markets and expanded the size of our REIT by over 30%, positioning us as a truly pan India platform.”

Ankur Gupta

Chairperson, Board of Directors of the
Manager of Brookfield India Real Estate Trust

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Ankur Gupta
Alok Aggarwal

CEO And Managing Director's Message

Positioned to Deliver.
Built for What's Next.

“FY2025-26 was a year where ambition translated into action, with strong delivery across leasing, income, asset expansion, and capital strategy.”

Alok Aggarwal

CEO and Managing Director
Board of Directors of the Manager of
Brookfield India Real Estate Trust

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Downtown Powai – Commercial/IT ParkMumbai

Key Statistics

20 AcresCampus Area
2.9M sfTotal Leasable Area
2.7M sfArea Leased
₹85,750MMarket Value
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Downtown PowaiMumbai

Key Statistics

9 AcresCampus Area
1.6M sfTotal Leasable Area
1.5M sfArea Leased
₹31,981MMarket Value
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EcoworldBengaluru

Key Statistics

48.1 AcresCampus Area*
7.1M sfTotal Leasable Area*
6.7M sfArea Leased
₹148,279MMarket Value

*Excluding Campus 3 (0.7M sf)

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WorldmarkNew Delhi

Key Statistics

7.6 AcresCampus Area
1.5M sfTotal Leasable Area
1.4M sfArea Leased
₹46,919MMarket Value
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WorldmarkGurugram

Key Statistics

6.7 AcresCampus Area
0.8M sfTotal Leasable Area
0.7M sfArea Leased
₹10,912MMarket Value
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Airtel CenterGurugram

Key Statistics

4.7 AcresCampus Area
0.7M sfTotal Leasable Area
0.7M sfArea Leased
₹14,284MMarket Value
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Candor TechSpace G1Gurugram

Key Statistics

25.2 AcresCampus Area
3.9M sfTotal Leasable Area
3.4M sfArea Leased
₹60,489MMarket Value
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Candor TechSpace G2Gurugram

Key Statistics

28.5 AcresCampus Area
4.2M sfTotal Leasable Area
3.4M sfArea Leased
₹48,112MMarket Value
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Candor TechSpace N1Noida

Key Statistics

19.3 AcresCampus Area
2.9M sfTotal Leasable Area
2.0M sfArea Leased
₹29,485MMarket Value
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Candor TechSpace N2Noida

Key Statistics

29.7 AcresCampus Area
4.7M sfTotal Leasable Area
3.7M sfArea Leased
₹49,410MMarket Value
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Candor TechSpace K1Kolkata

Key Statistics

48.4 AcresCampus Area
5.9M sfTotal Leasable Area
3.2M sfArea Leased
₹36,210MMarket Value
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Pavilion MallLudhiana

Key Statistics

2.5 AcresCampus Area
0.4M sfTotal Leasable Area
0.3M sfArea Leased
₹3,450MMarket Value
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Our Properties

01 / 12
Management Discussion and Analysis

Statutory Disclosure

Management Discussion and Analysis

By directors on activities, financial condition, result of operations of the Brookfield India REIT during the year, forecasts and future course of action.

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Sustainability Highlights

Sustainability Highlights FY2025-26

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Standing Investments and Sustainable Development in GRESB
5-Star Global Sector Leader
Total Energy Sourced from Renewables, with a Target of 100% by 2027
43%
Portfolio Assessed for Both Physical and Transition Climate Risk
100%

Stakeholder Engagement

Strengthening Partnerships

Meaningful stakeholder engagement remains central to our ESG journey.

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Our Approach to Materiality

The identification and prioritization of sustainability issues is fundamental to ensure that the material topics reflect the evolving ESG issues.

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Natural Capital

Lead on Sustainable Solutions

We manage our environmental priorities through a portfolio-wide approach that connects climate resilience, energy efficiency, renewable power, water stewardship, waste reduction, air quality and sustainable design.

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Intellectual Capital

Sustainable Design and Development

Our design and development philosophy focuses on creating people-centric and climate-responsive spaces that support productivity, wellbeing and inclusion while reducing environmental impact.

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Human Capital

Empower Our People

We focus on building a safe, inclusive and high-performing workplace through continuous learning, leadership development, employee wellbeing initiatives and ethical workplace practices.

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Social and Relationship Capital

Partner for Thriving Communities

We believe that strong workplaces are shaped by both infrastructure and experience. Our tenant engagement approach focuses on creating environments where people can connect, participate and build a stronger sense of belonging.

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Governance

Governance

Promoting Trust through Governance

Strong governance supports Brookfield India REIT's ability to operate with discipline, transparency and accountability.

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Awards, Accolades and Certifications

Awards, Accolades and Certifications

We have been recognized by leading organizations for our strong performance. These recognitions reflect our commitment to excellence and innovation, motivate our teams, and reinforce stakeholder confidence in our capabilities.

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