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Mindspace Reit: Mindspace Business Parks REIT's net profit up 72.20% in Q2 FY24, ET RealEstate

During the quarter, Mindspace REIT s net operating income (NOI) grew by 17.7% year-on-year to Rs 4,912 million. It declared distribution of Rs 2,841 million or Rs 4.79 per unit for Q2 FY24. ....

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Mindspace REIT reports strong Q2 FY24 growth with record profit

The profit after tax of the company stood at Rs 150 crore in Q2 FY24 up from Rs 87 crore of Q2FY23, according to the regulatory filing of the company. ....

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Mindspace REIT to develop 8 lakh sq ft property with luxury hotel in Mumbai's Airoli business park

Mindspace Business Parks REIT, backed by K Raheja Corp, is embarking on an 800,000 sq ft mixed-use development in Mumbai region s Airoli east.The project will encompass 530,000 sq ft for commercial offices and 280,000 sq ft for a high-end hotel. Chalet Hotels, a group company, will enter into a long-term lease agreement with the REIT. ....

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Mindspace enhances portfolio with acquisition in Chennai, shares up

Mindspace enhances portfolio with acquisition in Chennai, shares up
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Tamil Nadu , Commerzone Porur , Mindspace Business Parks ,

ADIA-backed Mindspace REIT takes full control of Chennai office project

Mindspace Business Parks REIT has acquired the 22% ownership interest it didn’t already own in a commercial real estate project in Chennai for Rs 181.6 crore (about $22 million).

The Mumbai-listed .. ....

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