NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT) has reported 28.7% year-on-year growth in its net operating income (NOI) to ₹6,714 million in Q3 FY26.The board of K Raheja Corp Investment Managers, manager of Mindspace Business Parks REIT, announced a distribution of ₹3,780 million for the third quarter of FY26. Distribution per unit (DPU) stood […]
Mindspace Business Parks REIT has reported nearly 29% year-on-year growth in net operating income at Rs 671 crore for the quarter ended December. The listed Real Estate Investment Trust’s operating income rose 27% from a year ago to Rs 816 crore.The K Raheja Corp-backed entity recorded gross rentals of over 1.1 million sq ft, while […]
Real estate firm Mindspace Business Parks REIT has acquired three prime commercial properties from sponsor K Raheja Corp for Rs 2,916 crore as part of its portfolio expansion strategy. Mindspace REIT, sponsored by real estate firm K Raheja Corp, has acquired these three assets, covering an area of 8 lakh sq ft, in Mumbai and […]
K Raheja Corp-backed Mindspace Business Parks REIT has reported a 25.8% year-on-year increase in net operating income (NOI) to Rs 634 crore for the quarter ended September, on the back of strong leasing momentum and stable occupancy rates. Operating revenue rose 24.8% to Rs 778 crore, while distribution for the quarter grew 16.3% to Rs […]
Mindspace Business Parks Reit, developer of Grade A Office Assets, has collected an additional £ 550 crore through sustainability -related bonds (SLBs) of the International Finance Corporation (IFC), the private army of investment of the World Bank Group. This follows on his first SLB issue of £ 650 Crore in June 2024, which means that […]