Dec 20, 2022 07:42 PM IST

Mindspace Business Parks REIT raises Rs 100 cr debt for working capital requirements

In a regulatory filing, Mindspace Business Parks REIT informed that it has completed an issuance of commercial papers of Rs 100 crore for a maturity of three months at an interest rate of 7.2 per annum.

Mindspace REIT Consolidated September 2022 Net Sales at Rs 684.50 crore, up 61.29% Y-o-Y

Mindspace REIT Standalone September 2022 Net Sales at Rs 314.70 crore, up 5.92% Y-o-Y

Mindspace REIT Consolidated June 2022 Net Sales at Rs 485.30 crore, up 15.27% Y-o-Y

Mindspace REIT Standalone June 2022 Net Sales at Rs 306.70 crore, up 1.83% Y-o-Y

Mindspace REIT Consolidated March 2022 Net Sales at Rs 474.10 crore, up 7.19% Y-o-Y

Mindspace REIT Standalone March 2022 Net Sales at Rs 303.70 crore, up 0.03% Y-o-Y

Mindspace Business Parks REIT net operating income up 8.2% to Rs 1,486 crore in FY22

The REIT, sponsored by the K Raheja Corp group, recorded leasing of 4.5 million sq ft in FY22.

Mindspace REIT Standalone December 2021 Net Sales at Rs 299.50 crore, up 0.77% Y-o-Y

Mindspace REIT Consolidated December 2021 Net Sales at Rs 441.30 crore, up 2.27% Y-o-Y

Bulk Deals | Barclays Securities buys 6.13 lakh shares in Cerebra Integrated Technologies

KBC ECO FUND sold 32,55,983 equity shares in NCC at Rs 73.52 per share on the NSE. Despite that, the stock rallied 4.75 percent to Rs 73.95.

India REIT performances: Surviving the pandemic

While there may not be any new REIT launches in FY22, existing REITs will continue to perform well.

Exclusive: We are excited about the robust demand cycle re-emerging, says Mindspace Business Parks REIT CEO Vinod Rohira

The company has a ROFO (right of first offer) pipeline of 8.6 msf across Mumbai Metropolitan Region, Hyderabad and Chennai

Mindspace REIT net operating income rises to Rs 359 crore in Q2

In a statement, Mindspace Business Parks REIT said it will distribute an amount of Rs 272.8 crore, which is Rs 4.60 per unit, with over 90 per cent being tax-exempt.

Explainer: Will addition of REITs, InvITs to Nifty Indices attract more retail investors?

Both REITs and InvITs are low risk investments as they have to compulsory invest atleast 80 percent of their assets in completed and income generating projects.

Mindspace Business Parks REIT commits to 100% renewable electricity use by 2050

Mindspace REIT will also make renewable energy accessible to tenants who choose to avail of the green power.

Mindspace REIT Standalone December 2020 Net Sales at Rs 297.20 crore, up 0% Y-o-Y

Mindspace REIT reports Q3 net profit of Rs 140 crore, to distribute Rs 283.5 crore to unitholders

Mindspace declared a distribution of Rs 283.5 crore, which is Rs 4.78 per unit, to its unitholders. This is the first distribution post its listing.

Mindspace Business Parks REIT reports net operating income of Rs 658.4 crore in H1FY2021

India’s second REIT collects 99 percent rentals and adds new tenants to its portfolio in its first exchange filing since its listing in August 2020.

Mindspace Business Parks REIT pledges 100% shift to electric vehicles by 2030

The company that has joined the electric mobility initiative for clean transport will make the switch by expanding the charging infrastructure for electric vehicle across its business parks in India.

Buy Mindspace Business Parks REIT: target of Rs 358: ICICI Securities

ICICI Securities is bullish on Mindspace Business Parks REIT recommended buy rating on the stock with a target price of Rs 358 in its research report dated September 14, 2020.

Mindspace Business Parks REIT listing affirms appetite for more launches in the Indian market

Considering the bumper response, more players may be encouraged to come forward. There may be one more REIT launched by the end of the financial year, say real estate experts

Mindspace Business Parks REIT zooms over 10% in debut trade

The Rs 4,500-crore public issue of Mindspace Business Parks REIT was subscribed nearly 13 times late last month.

Nomura Investment, Capital Income Builder acquire 1.9% stake in Mindspace REIT

Mindspace REIT listed with a double digit premium at Rs 304 on the BSE and closed at Rs 303.87, a 10.5 percent premium over issue price of Rs 275 per unit

Mindspace REIT lists at 11% premium on issue price of Rs 275

This is the second REIT listing on the exchanges, after Embassy Office Parks REIT which was listed in March 2019 following fund raising of Rs 4,750 crore via IPO.