MINDSPACE BUSINESS PARK

Every now and then the nifty keeps witnessing volatile movement, the difference this week was amidst all the intraday volatility because the bias of volatility has changed, nifty was able to touch a new high. Also because market breadth was positive...

Global development institution International Finance Corporation (IFC), a member of the World Bank Group, has invested over Rs 650 crore in K Raheja Corp-backed Mindspace Business Parks REIT through an issue of sustainability-linked bonds.

Experts recommend considering REITs alongside multibagger realty stocks due to rising demand for office space. SEBI's regulations have made REITs more accessible to retail investors, boosting market liquidity.

India's commercial real estate landscape in satellite and tier II cities is undergoing significant transformation due to robust infrastructure development, strategic urban planning, talent availability, and lower cost of living. Cities like Navi Mum...

Table Space expands its presence in Indian cities by acquiring and leasing office spaces to meet the growing demand for managed workspaces. They aim to add more space in key metros and provide world-class workspace solutions.

The REIT’s net operating income grew 9.3% from a year ago during the fourth quarter to Rs 477 crore and 11.9% to Rs 1,896 crore for 2023-24. “We had a record quarter, leasing 2 million sq ft, making this our top-performing quarter since going public...

Mindspace Business Parks REIT on Tuesday reported 9 per cent growth in net operating income (NOI) to Rs 476.8 crore and declared distribution of Rs 282.9 crore to unitholders for March quarter FY24.

Mindspace REIT leased 450,000 sq ft of office space in Q4, with a cumulative leasing of 1.6 million sq ft for the financial year. The REIT experienced strong expansionary demand, with over 80% of new and pre-leasing by existing occupiers. Net operat...

Mindspace Business Parks REIT has leased 4.5 lakh sq ft of office spaces in Q4, bringing its cumulative leasing for the year to 1.6 million sq ft. The REIT has seen strong demand with over 80% of new and pre-leasing by existing occupiers. It re-leas...

"The Indian REITs Association welcomes this positive development on the SEZ amendment. The growth of Grade A commercial office spaces rests on the demand the industry is witnessing from Global Captive Centres and domestic businesses, and this move i...

Global Capability Centres (GCCs), offshore units of multinational corporations with a global presence, are poised to be the primary drivers of office space occupancy in India. According to a report by CBRE, these centers are projected to lease betwe...

India offers the best cost and talent attractiveness score among the top emerging GCC hubs including Brazil, Chile, China, Czech Republic, Hungary, Philippines, and Poland. By 2025, it is estimated that there will be 1900 operational GCCs in the cou...

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. Cha...

This strategic acquisition helps Mindspace REIT consolidate its ownership in the project. Mindspace REIT, through its Asset SPV, now owns 100% of the project taking it's total leasable area to nearly 1.1 million sq ft.

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.

Mindspace Business Parks REIT, sponsored by K Raheja Corp group, got listed on the Indian bourses in August 2020. It owns office portfolios in four office markets -- Mumbai Region, Pune, Hyderabad, and Chennai.

The K Raheja Corp-backed REIT has declared distribution of Rs 284.6 crore or Rs 4.8 per unit for the first quarter of 2023-24. Of this, around 90.2% is in the form of dividend and tax-exempt in the hand of unitholders. The record date for the distri...

Q4 earnings season remained mixed so far, with the heavyweight IT companies disappointing the Street, which was offset by strong numbers from the banking and financial pack.

Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering a 9.8 million square feet area valued at around Rs 23,000 crore.According to sources, the Nexus Select Trust is likely to hit the capital market in ...