Key Metrics
Total Leasable Area
32.0 msf
Total Tenants
195+
Committed Occupancy
88.3%
Gross Contracted Rents from foreign MNCs
76.5%
As on 31st December, 2022
Portfolio
Completed area
25.6 msf
Number of Office Parks
10
Number of Buildings
57
Under Construction & Future Development
6.4 msf
As on 31st December, 2022
Leasing Metrics
Mark-to-Market upside in Rentals
10.4%
Weighted Average lease expiry
7.0 years
Area re-leased to Existing tenants
62.0%
New area leased to existing tenants
46.1%
As on 31st December, 2022
Financial Metrics
Revenue from Operations (9MFY23)
15,325 mn
Net Operating Income (9MFY23)
12,387 mn
Distribution
(9MFY23)
INR 14.3 p.u.
Net Debt to Market
Value
17.6%
As on 31st December, 2022
Performance Snapshot
Gross Leasing (9MFY23)
3.5 msf
Area Re-leased (9MFY23)
1.5 msf
Re-leasing spread
26.6%
Average rent for Gross Leasing
INR 64 psf
As on 31st December, 2022
