MINDSPACE.NSE News
India's office demand drives Mindspace REIT to record occupancy, says its CEO
Mindspace Business Parks REIT's Ramesh Nair remains upbeat on demand despite higher input costs linked to the Iran conflict. A weaker rupee is cushioning pressures, while occupiers move to absorb pent-up demand across India's office market.
cityfalcon.com
Mindspace Business Parks REIT records 7.1 million sq ft leasing in FY26
Mindspace REIT achieved significant leasing of over 7.1 million sq ft in 2025-26. The March quarter saw robust income growth and a record distribution of Rs 6.64 per unit. Occupancy rose to 95.7%, driven by strong demand from global firms. The REIT is also expanding its Chennai portfolio, reinforcing its market position.
cityfalcon.com
₹1,200 crore deal: Nvidia leases massive Bengaluru office space amid AI boom
Nvidia, the world's most valuable company, has been steadily expanding its office footprint across cities. In Pune, Nvidia Graphics occupies around 3.75 lakh sq ft at Mindspace Business Parks REIT’s Commerzone property.
cityfalcon.com
Mindspace REIT takes 51% stake for Rs 3k cr in Chennai IT park deal
Chennai: In one of the largest deals in the city's office space segment, Mindspace Business Parks REIT on Tuesday announced the acquisition of a 51% s.
cityfalcon.com
Mindspace REIT acquires 51% stake in 2.6-million-sq-ft Chennai IT park for Rs 1,500 cr
Mindspace Business Parks REIT has acquired a significant stake in a Chennai IT park. The deal values the property at Rs 3,000 crore. This acquisition, along with another recent purchase, strengthens the REIT's presence in Chennai. It positions Mindspace REIT as a major owner of commercial office assets in the city.
cityfalcon.com
Mindspace REIT to buy 2.6mn sq ft Chennai office for Rs 2,541 cr
Chennai: Mindspace Business Parks REIT on Tuesday said it will acquire a 100% stake in Sycamore Properties and Content Properties, which together own .
cityfalcon.com
Mindspace REIT acquires 2.6 million sq ft office asset in Chennai for ₹2,541 crore
Mindspace Business Parks REIT has bought a large office property in Chennai for approximately ₹2,541 crore. This acquisition significantly boosts its presence in South India. The deal includes existing office space and new development expected by March 2027. This move increases Chennai's share in Mindspace REIT's overall portfolio. The transaction was completed under a special arrangement with its sponsor.
cityfalcon.com
Mindspace REIT to acquire 2.6-million-sq-ft Chennai IT park for Rs 2,541 cr
Mindspace Business Parks REIT is acquiring a large IT park in Chennai for over Rs 2,500 crore. This deal adds 2.6 million square feet to its portfolio. The acquisition strengthens Mindspace REIT's presence in Chennai, a key growth market. The park features a strong tenant base and ongoing construction. This move marks a significant expansion for the REIT.
cityfalcon.com
Mindspace REIT records 29% on-year growth in Q3 NOI at Rs 671 crore
Mindspace Business Parks REIT posted strong December-quarter performance, with net operating income rising 29% and revenue up 27%. Leasing momentum stayed robust, occupancy touched 94.5%, distributions increased, debt costs fell, and portfolio expansion continued across key Indian office markets nationwide.
cityfalcon.com
Mindspace REIT buys office spaces in Mumbai, Pune for Rs Rs 2,916 cr
Mindspace Business Parks REIT has acquired three prime commercial properties in Mumbai and Pune from its sponsor K Raheja Corp for Rs 2,916 crore. This strategic acquisition, comprising 8 lakh square feet, will increase the REIT's portfolio to 39 million square feet. The deal strengthens Mindspace REIT's presence in sought-after central business districts, adding high-quality assets with strong cash flows.
cityfalcon.com