Knowledge Realty Trust, a prominent Real Estate Investment Trust (REIT) based in Mumbai, reported leasing of over 3.5 million sq ft of office space during the financial year 2025-26, driven by strong demand from both global and domestic occupiers. The January-March quarter alone accounted for over 1.1 million sq ft of this total. The REIT's revenue surged by 16% year-on-year to reach ₹4,577.2 crore, with net operating income (NOI) increasing by 18% to ₹4,048.4 crore, resulting in a high NOI margin of 88%. COO Quaiser Parvez highlighted the REIT's AI-resilient portfolio, which is concentrated in India's strongest markets, positioning it for sustainable growth. The company declared distributions of ₹716.6 crore, or ₹1.62 per unit, for the fourth quarter, bringing cumulative distributions since its listing in August 2025 to ₹2,101.9 crore. Notably, over 45% of gross rentals are derived from global capability center (GCC) occupiers, with occupancy in Central Mumbai increasing by 10% year-on-year. The REIT also initiated construction of a new 1.4 million sq ft office block in Bengaluru and successfully reduced its overall cost of debt from 8.6% to 7.2%.