Brookfield India REIT Occupancy Rises to 93% Amid Strong GCC Demand

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Brookfield India Real Estate Trust has strengthened its position in India’s commercial real estate market by leasing 1.6 million square feet of office space during the second quarter of FY 2026-27. The latest performance highlights growing demand for premium office spaces, particularly from Global Capability Centres (GCCs).

According to the company’s latest update, GCCs contributed 51% of the total gross leasing activity during the quarter. The REIT also secured early commitments for an additional 0.6 million square feet against future lease expiries. Its committed occupancy increased by three percentage points year-on-year to reach 93% as of September 2026.

Financially, Brookfield India REIT reported a 51% year-on-year increase in net operating income (NOI), reaching ₹767.2 crore. Income from operating lease rentals also grew by 52% to ₹722.1 crore. The company announced a quarterly distribution of ₹5.70 per unit, representing a 9% increase compared to the previous year.

During the first half of FY27, the REIT recorded gross leasing of 2.7 million square feet, including 1.8 million square feet of fresh leasing and 0.9 million square feet of renewals.

Brookfield India REIT manages 11 Grade A office assets across Delhi, Mumbai, Bengaluru, Gurugram, Noida and Kolkata, with a total leasable area of 37.5 million square feet.

The strong leasing performance reflects sustained demand for Grade A commercial office spaces and the expanding role of GCCs in India’s office real estate market.

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