Mindspace Business Parks REIT

Past performance
Performance overview
Mindspace Business Parks REIT
About Mindspace Business Parks REIT Mindspace Business Parks REIT, established in November 2019 in Mumbai, operates as a real estate investment trust under Indian regulations. Sponsored by Anbee Constructions LLP and Cape Trading LLP, it is managed by K Raheja Corp Investment Managers LLP. Its primary role is to raise and invest funds in real estate projects through a structured REIT framework, with Axis Trustee Services Limited serving as the trustee. The REIT's strategic acquisition of Special Purpose Vehicles (SPVs) from the Sponsor Group and Blackstone entities in July 2020 marked its substantial market presence. Mindspace REIT's public listing occurred in August 2020 on BSE and NSE, following its Initial Public Offering. The portfolio includes diverse properties like Mindspace Business Parks Private Limited, Gigaplex Estate, and others, with a leasable area of 31.8 million square feet as of 2022. Recent expansions include a new building in Pune, a clubhouse in Hyderabad, and developments at Mindspace Madhapur and Airoli East. Key acquisitions in 2023-2024 include properties in Chennai and Airoli, strengthening its asset base.
Website mindspacereit.com
Founded
Headquarters Mumbai