Brookfield income grows 7.3 pc in Q1

Brookfield India Real Estate Trust has announced its financial results for the quarter ended June 30.

According to a press release, the income of the company from operating lease rentals during Q1 FY2022 grew to Rs 1.6 billion, an increase of 7.3 per cent year-on-year. The net operating income, adjusted for income from Identified Assets, grew to 1.7 billion (3.8 pc increase year-on-year).

Alok Aggarwal, CEO, Brookprop Management Services, said, “We are seeing strong ‘return to office’ preparations across our occupiers as vaccinations pick up. We look forward to supporting our tenants’ plans with the highest health and safety standards.”