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Brookfield net operating income up 44%

Brookfield net operating income up 44%
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Brookfield net operating income up 44%

New Delhi: Brookfield India Real Estate Trust on Tuesday reported a 44 per cent rise in net operating income to Rs 346.7 crore in the second quarter of this fiscal year and distributed Rs 193.2 crore to unit holders, primarily as dividend. Its net operating income (NOI) stood at Rs 241.3 crore in the year-ago period. In a regulatory filing, the company informed that it achieved gross leasing of 5.21 lakh square feet during the July-September period of 2023-24 financial year. Income from operating lease rentals increased by 33 per cent to Rs 274.1 crore in the second quarter of this fiscal, from Rs 205.6 crore in the year-ago period.

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