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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.
- 19th Dec 2024
- 1215 Views

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.
- 30th Nov 2024
- 1218 Views

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.
- 15th Aug 2024
- 1278 Views

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.
- 1st May 2024
- 1377 Views

MindSpace Real Estate Investment Trust (REIT) has initiated an innovative endeavour known as the Integrated Management of Operations Centre (IMOC) project, which aims to reconfigure the industry environment.
- 7th Nov 2023
- 1337 Views

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.
- 1st Nov 2023
- 1553 Views

Mindspace Business Parks REIT has been designated a Great Place To Work for the second year running.
- 14th Mar 2023
- 1402 Views

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.
- 21st Dec 2022
- 1494 Views

Mindspace Business Parks REIT has built a brand-new school for the children of Gambhiraopet, a village in the Telangana district of Sircilla.
- 19th Dec 2022
- 1551 Views

On February 10, 2022 Mindspace Business Parks REIT announced a 3.8 percent rise in quarterly and nine-month net operating income to Rs 371.5 crore for the quarter and nine months ended December 31, 2021.
- 11th Feb 2022
- 1649 Views