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VINOD ROHIRA
Mindspace REIT acquires 2.4-lakh-sq-ft property in ChennaiThis strategic acquisition helps Mindspace REIT consolidate its ownership in the project. Mindspace REIT, through its Asset SPV, now owns 1...
K Raheja Corp-backed Mindspace Business Parks REIT rejigs top managementMindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns office portfoli...
Mindspace REIT leases 4 lakh sq ft in June quarter, operating income up 14%The K Raheja Corp-backed REIT has declared distribution of Rs 284.6 crore or Rs 4.8 per unit for the first quarter of 2023-24. Of this, aro...
Mindspace Business Parks REIT leases 1.3 million sq ft office space in Q3Net operating income (NOI) for the quarter remained robust at Rs 455.1 crore, up 16.8% from a year ago and 4.6% sequentially excluding one-...
SEBI’s nod for REITs, InvITs’ commercial papers to improve liquidity, lower cost“SEBI’s move to allow REITs to issue commercial papers provides an additional avenue of financing through short-term debt instruments at co...
Mindspace Business Parks REIT leases nearly 1 million sq ft across 18 deals in Q1The leasing indicates the revival of demand for office spaces as the companies continue to encourage employees to return to workplaces. Apa...
Mindspace Business Parks REIT leases over 1.8-million-sq-ft offices in Q3The REIT has achieved an average rent of Rs 64 per sq ft a month, signed across 26 deals. It has continued to collect more than 99% of gros...
Sebi decisions to encourage retail investors' participation in REITs: Realty playersREIT is a tax-efficient vehicle that enables owners of real estate to pool income generating assets together in a portfolio.
Mindspace Business Parks REIT commits to 50% renewable electricity use by 2030Listed REIT becomes first Indian realtor to join Climate Group’s RE100, commits 100% conversion by 2050
Second half of 2021 to bring new opportunities for the commercial real estate market: ExpertsIn the webinar by home-grown flex workspace provider, Awfis, on the strategies that needs to be adopted by the CRE market to successfully n...
Mindspace Business Parks REIT Q4 results: Reports operating income of Rs 358 crThe distribution comprises 92.3% dividend at Rs 4.44 per unit and balance in the form of interest. The record date for the distribution is ...
Office, IT parks step in to support vaccinationIn Bengaluru, Embassy REIT along with civic body Bruhat Bengaluru Mahanagara Palike (BBMP) set up Covid vaccine centres at Embassy Manyata ...
Mindspace REIT reports Rs 658 cr net operating income in Apr-SeptIt was India's second REIT (Real Estate Investment Trust) issue with a public offer of Rs 4,500 crore.
Mindspace Business Parks REIT April-September operating income Rs 658.4 croreThe country’s second listed Real Estate Investment Trust (REIT) has collected over 99% of gross contracted rentals during the first half of...
Commercial complexes’ opex may rise 20% to meet safety normsAs companies start chalking out plans to resume their operations in a staggered manner post lockdown relaxation, they will have to undertak...
Large developers to set up crèches in their projectsSeveral large commercial developers with presence across the country such as Prestige, Embassy and K Raheja have already set up or are in t...
Office realty in demand, but home sales fallSome of the markets where rentals have moved up include Cyber City and Golf Road Extension in Gurgaon, Outer Ring Road and Whitefield in Be...
Builders target office-goers, shift focus to office-retail complexesEven today, key portions of several office buildings in property markets are occupied by food & beverages and retail BFSI outlets.
Raheja Corp to build two IT parks in Pune & MumbaiK Raheja Corp is working on plans to build two infotech parks totalling 6 million sq ft leasable space in Mumbai and Pune over the next two...
- Rahejas in talks with Carlyle, Blackstone to mop up $60m
Mumbai-based real estate development major K Raheja Corp is in talks with private equity giants like Carlyle and Blackstone to mobilise $60...