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Mindspace REIT Plans 38 Million Sq Ft Portfolio Expansion, Riding GCC Demand Wave and Make in India Growth

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

By Admin

  • 12th Nov 2025
  • 1173 Views
K Raheja-Backed Mindspace REIT Makes Strategic Entry into Hyderabad's Financial District with ₹512 Crore Q-City Acquisition

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.

By Admin

  • 27th Jul 2025
  • 1330 Views
ADIA Takes a Strategic Exit by Selling INR 1,926 Crore Stake in Mindspace Business Parks REIT

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.

By Admin

  • 19th Dec 2024
  • 1806 Views
K Raheja Settles REIT Violation Case with INR 68.73 Lakh Payment

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.

By Admin

  • 30th Nov 2024
  • 1491 Views
Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

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.

By Admin

  • 1st May 2024
  • 1915 Views
Raheja Mindspace REIT Plans to Develop 8 Lakh Sqft Property in Airoli, Navi Mumbai

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.

By Admin

  • 1st Nov 2023
  • 1948 Views
Mindspace REIT is Acknowledged as a Great Place To Work For The Second Consecutive Year

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

By Admin

  • 14th Mar 2023
  • 1512 Views
Mindspace Biz Parks REIT Raise 100 Crore INR Through CPS Offering

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.

By Admin

  • 21st Dec 2022
  • 1592 Views
Mindspace Business Parks REIT Collaborates With The Government of Telangana to Build a School

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

By Admin

  • 19th Dec 2022
  • 1693 Views
Mumbai Headquartered Mindspace REIT Q3 Net Operating Income Up Approximately by 4 Per Cent

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.

By Admin

  • 11th Feb 2022
  • 1761 Views
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