ne of India’s
largest office portfolios and we believe that replicating such a platform would
be difficult
given land
acquisition complexities and long development timelines in India. As of March
31, 2018,
approximately 81.4%
of the Gross Rentals from our 160 marquee tenant base is contracted with
leading
multinational
corporations and approximately 43.8% is contracted with Fortune 500 companies,
such as
JP Morgan, Google
and Microsoft. Our high quality tenant base, along with long-term contracted
rentals
(weighted average
lease length of 6.9 years) provides considerable stability to our Portfolio.
While our Portfolio
is highly stabilized at 95.0% Committed Occupancy, we are well positioned to
achieve
further organic
growth through a combination of contracted revenue, re-leasing at market rents
(we estimate that
the market rents of
our properties are 34.5% above in-place rents), lease-up of vacant space and
new construction
within the Portfolio
to accommodate tenant expansion. Portfolio revenue from operations is projected
to grow by
ne of India’s
largest office portfolios and we believe that replicating such a platform would
be difficult
given land
acquisition complexities and long development timelines in India. As of March
31, 2018,
approximately 81.4%
of the Gross Rentals from our 160 marquee tenant base is contracted with
leading
multinational
corporations and approximately 43.8% is contracted with Fortune 500 companies,
such as
JP Morgan, Google
and Microsoft. Our high quality tenant base, along with long-term contracted
rentals
(weighted average
lease length of 6.9 years) provides considerable stability to our Portfolio.
While our Portfolio
is highly stabilized at 95.0% Committed Occupancy, we are well positioned to
achieve
further organic
growth through a combination of contracted revenue, re-leasing at market rents
(we estimate that
the market rents of
our properties are 34.5% above in-place rents), lease-up of vacant space and
new construction
within the Portfolio
to accommodate tenant expansion. Portfolio revenue from operations is projected
to grow by
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