ADIA has exited Mindspace Business Parks REIT with a ₹1,926 crore block deal, selling 5.43 crore units at ₹354.3 each via its subsidiary, Platinum Illumination A 2018 Trust. This marks the end of its 9.2% stake acquired in 2022.

K Raheja Corp Investment Managers, the manager of Mindspace Business Parks REIT, has resolved a regulatory case with SEBI by paying ₹68.73 lakh as a settlement fee. The matter pertained to alleged REIT rule violations, and the company settled without admitting or denying SEBI’s findings.

Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

Singapore-based CapitaLand Investment Ltd. signed three significant MoUs with Tamil Nadu on January 9. The state would get around Rs 4,500 crore from this ambitious endeavour over five years.

K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.

According to people familiar with the deal, Bajaj Electricals has leased a full floor of office space at One International Centre in Mumbai's Lower Parel business area from Blackstone Group unit Nucleus Office Parks for almost five years.

Embassy Business Hub, a Bangalore office building of 1.4 million square feet, will be acquired by Embassy Office Parks REIT for Rs 3,348 million (USD 41 million).

Mindspace Business Parks REIT has been designated a Great Place To Work for the second year running.

Horizon Industrial Parks in Chakan, Pune, funded by the Blackstone Group, has leased 410,000 square feet of custom-built manufacturing space to automotive businesses including Germany's Benteler Automotive and the Lumax-DK Jain Group's Lumax Auto Technologies.

Since the capital markets regulation allowed REITs to employ commercial papers in 2022, K Raheja Corp's Mindspace Business Parks REIT is India's first to do so.

Mindspace Business Parks REIT has built a brand-new school for the children of Gambhiraopet, a village in the Telangana district of Sircilla.

Welspun One Logistics Parks (WOLP), a finance, development, and asset management company, signed a Memorandum of Understanding (MoU) with the Government of Karnataka to strengthen its position in the southern India warehousing business and invest Rs 2,000 crore in the state.

Hadapsar is appealing to real estate investors because of its proximity to a variety of large businesses, industrial hubs, and technical parks, as well as its rich historical legacy.

Embassy Office Parks REIT, India's first publicly traded real estate investment trust, and global hospitality business Hilton have established the Hilton Bengaluru Embassy Manyata Business Park and the Hilton Convention Centre in Bengaluru.