Key Metrics
Total Leasable Area
32.1 msf
Total Tenants
200+
Committed Occupancy
88.8%
Gross Contracted Rents from foreign MNCs
75.4%
Information above is as on 30th June 2023
and does not include the acquisition of c.0.24 msf completed on 2nd September 2023
Portfolio
Completed area
25.9 msf
Number of Office Parks
10
Number of Buildings
59
Under Construction & Future Development
6.2 msf
Information above is as on 30th June 2023
and does not include the acquisition of c.0.24 msf completed on 2nd September 2023
Leasing Metrics
Mark-to-Market upside in Rentals
6.6%
Weighted Average lease expiry
6.9 years
Area re-leased to Existing tenants
61.7%
New area leased to existing tenants
38.3%
Information above is as on 30th June 2023
and does not include the acquisition of c.0.24 msf completed on 2nd September 2023
Financial Metrics
Revenue from Operations (Q1FY24)
5,898 mn
Net Operating Income (Q1FY24)
4,570 mn
Distribution
(Q1FY24)
INR 4.8 p.u.
Net Debt to Market
Value
18.8%
Information above is as on 30th June 2023
and does not include the acquisition of c.0.24 msf completed on 2nd September 2023
Performance Snapshot
Gross Leasing (Q1FY24)
0.4 msf
Area Re-leased (Q1FY24)
0.2 msf
Re-leasing spread
10.1%
Average rent for Gross Leasing
INR 68 psf
Information above is as on 30th June 2023
and does not include the acquisition of c.0.24 msf completed on 2nd September 2023
