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Brookfield India Real Estate Trust Share Price (BIRET)

₹240.920.08%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Brookfield India Real Estate Trust

Key events for Brookfield India Real Estate Trust

  • Brookfield India Real Estate Trust Joins Indian REITs Association - 06 Sep, 2023

    Brookfield India Real Estate Trust becomes a founding member of the Indian REITs Association, established with the assistance of SEBI and the Ministry of Finance.

  • Brookfield India REIT Joins Non-Profit Group to Advocate for REIT Growth - 05 Sep, 2023

    Brookfield India Real Estate Trust is among the four founding members of the Indian REITs Association, which aims to promote the growth and development of REITs in India.

  • Brookfield India REIT Reports Rise in Net Operating Income and Gross Leasing - 14 Aug, 2023

    Brookfield India Real Estate Trust reported a 4.5% YoY rise in net operating income at Rs 245.3 crore for Q1, with gross leasing of 2.98 lakh sq ft during the quarter. The trust has raised over Rs 3,455 crore through capital raise and proposed fund raising to acquire two large commercial assets in partnership with GIC. It has also announced distributions totalling Rs 164.2 crore for the quarter.

  • Brookfield India Real Estate Trust Provides Passive Income - 06 Aug, 2023

    Brookfield India Real Estate Trust REIT is a listed real estate investment trust in India that provides passive income through quarterly dividends.

  • Brookfield India REIT to Raise Funds for Acquisition of Two Commercial Assets - 05 Aug, 2023

    Brookfield India Real Estate Trust plans to raise Rs 400 crore by issuing units and up to Rs 750 crore through commercial papers to finance the acquisition of two commercial assets in Mumbai and Gurugram. The assets have a total built-up area of 6.5 million square feet.

  • Brookfield India REIT to Raise Funds for Commercial Asset Acquisition - 04 Aug, 2023

    Brookfield India Real Estate Trust plans to raise Rs 1,150 crore through the issuance of units and commercial papers to finance the acquisition of two commercial properties in Mumbai and Gurugram. The trust has already raised Rs 2,305 crore from institutional investors on a private placement basis.

  • Brookfield India Real Estate Trust Raises Rs. 2,305 Crore Through QIP - 03 Aug, 2023

    Brookfield India Real Estate Trust has successfully completed a qualified institutional placement and raised Rs. 2,305 crore to finance the acquisition of two large commercial assets from Brookfield Asset Management's private real estate funds.

  • Brookfield India REIT Raises Funds Through QIP - 02 Aug, 2023

    Brookfield India Real Estate Trust has raised Rs 2,305 crore through a qualified institutional placement of shares to fund the acquisition of 50% stake in two assets from its parent Brookfield Asset Management.

  • Brookfield India REIT Launches QIP Issue to Raise Funds - 28 Jul, 2023

    Brookfield India Real Estate Trust has launched a qualified institutional placement (QIP) issue to raise funds for the acquisition of two assets in Gurugram and Mumbai. The trust approved the floor price of Rs 265.79 per unit for stake sale.

  • Brookfield India REIT Launches QIP and Private Placement Issue - 27 Jul, 2023

    Brookfield India Real Estate Trust has launched a qualified institutional placement (QIP) issue to raise Rs 1,500 crore and opened a private placement issue to raise up to Rs 3,500 crore for asset acquisition.

  • Brookfield India REIT's $1.4 Billion Deal Boosts Office Sector - 28 Jun, 2023

    GIC and Brookfield India REIT's acquisition of two commercial properties from Brookfield Asset Management's real estate PE division for $1.4 billion in May 2023 has pushed the numbers for the office sector this year.

Analyst Rating for Brookfield India Real Estate Trust stock

based on 12 analysts

BUY
91.67%
Buy
8.33%
Hold
0.00%
Sell

Based on 12 analysts offering long term price targets for Brookfield India Real Estate Trust. An average target of ₹317.33

Source: S&P Global Market Intelligence

Brookfield India Real Estate Trust share Performance

  • ₹238.54
    ₹242.97
    ₹240.92
    downward going graph

    0.99%

    Downside

    Day's Volatility:1.84%

    Upside

    0.85%

    downward going graph
  • ₹236
    ₹338.35
    ₹240.92
    downward going graph

    2.04%

    Downside

    52 Weeks Volatility:42.48%

    Upside

    40.44%

    downward going graph
1 Month Return-2.66 %
3 Month Return-9.79 %
1 Year Return-25.76 %
Previous Close₹241.12
Open₹241.15
Volume1.96L
Market Cap₹10,587.22Cr

Brookfield India Real Estate Trust Company Information

Brookfield India Real Estate Trust (BIRET) is a publicly listed real estate investment trust (REIT) incorporated in India in 2019. It is managed by Brookfield Asset Management and is the first REIT listed on the National Stock Exchange of India (NSE). Its operations span the entire real estate value chain, including development, asset management, leasing, and operations.

BIRET's portfolio consists of office, retail, hospitality, and residential assets across India. Its top products include office buildings, retail malls, hospitality properties, and residential apartments. It also has a strong focus on developing and managing Grade A office spaces in India's major cities. Biret's popular brands include Brookfield Place, a premium office and retail complex in Mumbai; and Brookfield Residences, a high-end residential apartment complex in Bangalore.

Share Price: ₹240.92 per share as on 29 Sep, 2023 04:01 PM
Market Capitalisation: ₹10,587.22Cr as of today
Revenue: ₹307.73Cr as on March 2023 (Q1 23)
Net Profit: ₹32.69Cr as on March 2023 (Q1 23)
Listing date: 16 Feb, 2021
OrganisationBrookfield India Real Estate Trust
Headquarters
IndustryReal Estate Investment Trusts
E-voting on sharesClick here to vote

Fundamentals of Brookfield India Real Estate Trust

Insights on Brookfield India Real Estate Trust

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up
    img

    Foreign Institutions have increased holdings from 6.28% to 6.66% in Jun 2022 quarter

  • imgPOSITIVE IMPACT

    Profit Spike
    img

    Netprofit is up for the last 2 quarters, 24.69 Cr → 32.69 Cr (in ₹), with an average increase of 24.5% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 53.74% of holdings in Jun 2022 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Embassy Office Parks REIT has given -13.1% return, outperforming this stock by 12.6%

  • imgNEGATIVE IMPACT

    Price Dip
    img

    In the last 6 months, BIRET stock has moved down by -13.8%

  • imgNEGATIVE IMPACT

    Revenue Fall
    img

    Revenue is down for the last 3 quarters, 311.64 Cr → 307.73 Cr (in ₹), with an average decrease of 0.6% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down
    img

    Mutual Funds have decreased holdings from 8.16% to 8.07% in Jun 2022 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down
    img

    Retail Investor have decreased holdings from 20.14% to 19.49% in Jun 2022 quarter

Brookfield India Real Estate Trust share Valuation

Brookfield India Real Estate Trust in the last 5 years

  • Overview

  • Trends

Lowest (20.01x)

September 30, 2021

Industry (28.36x)

September 28, 2023

Today (141.01x)

September 28, 2023

Highest (157.92x)

July 6, 2023

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.63%
HDFC Hybrid Equity Fund Direct Growth OptionHDFC Hybrid Equity Fund Direct Growth Option0.78%
Parag Parikh Conservative Hybrid Fund Direct GrowthParag Parikh Conservative Hybrid Fund Direct Growth3.61%
Templeton India Equity Income Fund Direct GrowthTempleton India Equity Income Fund Direct Growth3.72%
Nippon India Balanced Advantage Fund Direct Growth PlanNippon India Balanced Advantage Fund Direct Growth Plan0.71%

Brookfield India Real Estate Trust Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
53.74%
0.00
Foreign Institutions
6.66%
6.15
Mutual Funds
8.07%
-1.08
Retail Investors
19.49%
-3.24
Others
12.03%
3.04

Technicals of Brookfield India Real Estate Trust share

News & Events of Brookfield India Real Estate Trust

Frequently Asked Questions

Brookfield India Real Estate Trust (BIRET) share price today is ₹240.92

  • Today’s highest price of Brookfield India Real Estate Trust is ₹242.97.
  • Today’s lowest price of Brookfield India Real Estate Trust is ₹238.54.

Today’s traded volume of Brookfield India Real Estate Trust(BIRET) is 1.96L.

Today’s market capitalisation of Brookfield India Real Estate Trust(BIRET) is ₹10587.22Cr.

Brookfield India Real Estate Trust(BIRETPrice
52 Week High
₹338.35
52 Week Low
₹236

Brookfield India Real Estate Trust(BIRET) share price is ₹240.92. It is down -28.80% from its 52 Week High price of ₹338.35

Brookfield India Real Estate Trust(BIRET) share price is ₹240.92. It is up 2.08% from its 52 Week Low price of ₹236

Brookfield India Real Estate Trust(BIRETReturns
1 Day Returns
-0.2%
1 Month Returns
-2.66%
3 Month Returns
-9.79%
1 Year Returns
-25.76%