PropShare Platina, the first scheme of Property Share Investment Trust , reported a net distributable cash flow of ₹309 million for the year ended March 31, 2026. The scheme maintained 100% occupancy at its Prestige Tech Platina asset, resulting in a distribution per unit of ₹91,938.01 and an annualised yield of 8.76% on the IPO price.

The Board of Directors of PropShare Investment Manager Private Limited, the Investment Manager to the Trust, approved the Annual Performance Report for FY26 in accordance with SEBI REIT Regulations. The report highlights that the Net Asset Value (NAV) stood at ₹3,845.71 million, or ₹11,44,216.01 per unit, as of March 31, 2026.

Key Performance Metrics

The scheme’s financial performance was underpinned by revenue from operations of ₹307.65 million and an EBITDA of ₹304.17 million, reflecting an EBITDA margin of 99%. The Net Operating Income (NOI) was ₹297.98 million with a margin of 97%. The weighted average rent was ₹103.17 per sq. ft. per month, which is 2.1% above the estimated market rent.

Asset Overview and Lease Profile

The scheme owns 246,935 square feet of Grade A office space in Prestige Tech Platina, Bengaluru, fully leased to 24/7 Customer Private Limited. The lease tenure is nine years with a weighted average lease expiry (WALE) of 7.68 years. The property features LEED Gold certification and is located in the Outer Ring Road micro-market, which recorded a vacancy of 3.7% as of Q1 2026.

Governance and Unitholder Meeting

The Board has convened the Second Annual Meeting of Unitholders for July 06, 2026, at 11:00 Hrs IST via Video Conferencing. The meeting will consider the adoption of the audited standalone and consolidated financial statements for FY26, the audited financial statements of the Trust, and the valuation report issued by Kzen Valtech Private Limited. The remote e-voting period commences on July 03, 2026, and ends on July 05, 2026.

Property Share Investment Trust 's first scheme, PropShare Platina, announced that its board of directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board meeting was held on April 17, 2026, where directors also declared a distribution of ₹23,288.99 per unit for the quarter ended March 31, 2026.

Board Meeting Outcomes

The board of PropShare Investment Manager Private Limited, acting as investment manager for Property Share Investment Trust, approved several key items during their April 17, 2026 meeting:

Financial Performance Highlights

The audited financial results show PropShare Platina's performance for the year ended March 31, 2026. On a standalone basis, the scheme reported total income of ₹72.27 million and profit after tax of ₹70.47 million for FY26.

Distribution Declaration

The board declared a distribution of ₹23,288.99 per unit for the quarter ended March 31, 2026, aggregating to ₹78.27 million. This distribution comprises ₹4,795.93 per unit as interest payment and ₹18,493.06 per unit as repayment of debt.

Net Asset Value and Fair Value

As of March 31, 2026, PropShare Platina's Net Asset Value (NAV) stood at ₹9,68,893.19 per unit on book value basis and ₹11,44,216.01 per unit on fair value basis. The fair value assessment was conducted by independent external property valuers using discounted cash flow methodology.

Regulatory Compliance

The audited financial statements received unmodified audit opinions from ASA & Associates LLP, the statutory auditors. The auditors confirmed that the financial results comply with applicable Indian Accounting Standards and SEBI REIT Regulations. The company operates under scrip symbol "PSPlatina" with scrip code 544295 on BSE Limited.