Key Metrics
Total Leasable Area
31.3 msf
Total Tenants
170+
Committed Occupancy
84.6%
Gross Contracted Rents from foreign MNCs
79.2%
As on 31st December, 2021
Portfolio
Completed area
24.2 msf
Number of Office Parks
10
Number of Buildings
57
Under Construction & Future Development
7.1 msf
As on 31st December, 2021
Leasing Metrics
Mark-to-Market upside in Rentals
7.3%
Weighted Average lease expiry
6.9 years
Area re-leased to Existing tenants
88.2%
New area leased to existing tenants
11.8%
As on 31st December, 2021
Financial Metrics
Revenue from Operations (9M FY22)
12,835 mn
Net Operating Income (9M FY22)
10,904 mn
Distribution
(9M FY22)
INR 13.8 p.u.
Net Debt to Market
Value
15 .8%
As on 31st December, 2021
Performance Snapshot
Gross Leasing (9M FY22)
3.8 msf
Area Re-leased (9M FY22)
2.0 msf
Re-leasing spread
37.0%
Average rent for Gross Leasing
INR 68 psf
As on 31st December, 2021
