Description

Mindspace Business Parks REIT, launched in August 2020 on India's stock exchanges, is backed by the K Raheja Corp group. It manages a premier portfolio of office properties strategically situated across four major Indian commercial hubs: Mumbai (Region), Pune, Hyderabad, and Chennai. This collection establishes it as one of India's preeminent Grade-A office portfolios. The total leasable space within its portfolio spans 33.1 million square feet (msf). This includes 26.2 msf of fully operational assets, 4.4 msf currently under development, and a further 2.5 msf designated for future growth. Comprising 5 integrated business parks alongside 5 standalone, high-quality office properties, the assets are distinguished by their exceptional infrastructure and comprehensive amenities. As of December 31, 2023, the REIT serves a robust and diverse tenant base of over 210 companies. Furthermore, a significant portion of its buildings have achieved Gold or Platinum Green Building Certification (IGBC/LEED). These properties cultivate a vibrant, community-focused ecosystem, meticulously designed to satisfy the dynamic expectations of contemporary tenants and the specific needs of 'new-age businesses.' This strategic approach positions Mindspace as a top-tier choice for both global and local corporations.