Total distribution for the quarter grew by 16% to Rs 355 crore, representing a per-unit distribution of Rs 5.83
Since listing, the REIT's unit prices have risen steadily, increasing by around 39 percent over five years, although vastly trailing the benchmark Nifty 50 index over the same time, which more than doubled
The Rs 550 crore SLB has a tenure of eight years, receiving a 'AAA' rating from ICRA. Sources said that the bond has a semi-annual coupon of 7.414 percent
The total distributions for the quarter were reported at Rs 353 crore, 18 percent higher than the same quarter last year
The four listed REITs have distributed about 228.18 billion rupees ($2.7 billion) to their investors since listing. More than 262,000 people have invested in REIT as of June 2025 in India, according to the Indian REITs Association website.
The REIT said in a release that its distributions during the quarter grew by nearly 39 percent annually to Rs 392 crore, representing a distribution of Rs 6.44 per unit
Mindspace, backed by K Raheja Corp and Blackstone, became the second real estate trust to be listed on the Indian bourses in September 2021, after Embassy Office Parks REIT
The settlement order was issued by the Securities and Exchange Board of India (SEBI) on November 28.
According to a regulatory filing, the company's revenue from operations rose 11 per cent to Rs 620 crore during April-June 2024, from Rs 560 crore in the year-ago period
Ramesh Nair, Chief Executive Officer, K Raheja Corp Investment Managers Pvt Ltd, Manager to Mindspace REIT said, We had a record quarter, leasing 2 million square feet, making this our top-performing quarter since going public."
According to a regulatory filing, the total income rose to Rs 610.8 crore in the October-December period of this fiscal from Rs 560.4 crore a year ago.
The company declared a distribution of Rs 285.2 crore or Rs 4.81 per unit for Q4 FY23.
The company said in a regulatory filing that its gross leasing stood at 1.3 million square feet in the third quarter of FY23, taking cumulative leasing during April-December to 3.5 million square feet.