Mindspace Business Parks REIT announced an ambitious expansion plan to increase its operational portfolio to 38 million square feet within four years, capitalizing on surging demand from Global Capability Centers and domestic firms benefiting from Make in India initiatives

Singapore-headquartered CapitaLand Investment Management announced its decision to invest ₹19,200 crore in commercial real estate projects across Mumbai and Pune, following a strategic agreement with the Maharashtra government targeting completion by 2030.

Singapore-based CapitaLand Investment commits ₹19,200 crore to Maharashtra's commercial real estate by 2030, targeting Mumbai and Pune markets.

Mindspace Business Parks REIT has completed its first major third-party acquisition by purchasing the 810,000 sq ft Q-City office campus in Hyderabad's financial district for over ₹512 crore, marking its strategic expansion beyond existing portfolio parks.

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.