Mindspace Business Parks REIT: This paves way for asset spread across approximately 1.6 million sq ft that shall offer expansion and consolidation spaces within the business park.
Indian REITs Association: Brookfield India Real Estate Trust (BIRET), Embassy REIT, Mindspace Business Parks REIT, and Nexus Select Trust are the founding members of the IRA.
Mindspace Business Parks Reit: Mindspace REIT now owns 100% of the project with a total leasable area of c.1.1 million sq ft. The deal was funded by debt, and no fee is payable to the manager for this acquisition, the company said.
Mindspace Business Parks REIT: ". the executive committee have approved raising funds by Mindspace REIT through issue of upto 50,000 listed, rated, secured, non-cumulative, taxable, transferable, redeemable non-convertible debentures of a nominal value of Rs one lakh each," said Mindspace REIT.
Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns office portfolios located in four key office markets of India including Mumbai Region, Pune, Hyderabad, and Chennai.