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Real Estate

Brookfield REIT Q4 net income up 89 pc at ₹461cr; to distribute ₹209cr to unitholders Hindustan Times

Brookfield India Real Estate Trust (BIRET) on May 16 reported an 89 per cent rise in its adjusted net operating income to ₹460.8 crore during the March quarter and announced distribution of ₹208.6 crore to unitholders. Its net operating income (NOI) stood at ₹244.4 crore in the year-ago period. During the full 2023-24 fiscal, the company's NOI increased to ₹1,506.2 crore from ₹960.8 crore in the preceding year, according to a regulatory filing.

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