Mindspace business Parks Reit , a leading player in India's commercial real estate sector, has scheduled a conference call for December 1, 2025, at 4:00 p.m. IST. The purpose of this call is to discuss the proposed acquisition of two companies, which would significantly expand Mindspace REIT's portfolio.

Key Acquisition Details

The proposed acquisitions involve:

1. Sundew Real Estate Private Limited: 100% shareholding

   • Property: The Square Avenue 98 (BKC Annex)
   • Location: Village Kole Kalyan, South Salsette Taluka, Mumbai Suburban District
   • Current Leasable Area: Approximately 0.16 msf
   • Potential Enhanced Leasable Area: Approximately 0.22 msf

2. Pramaan Properties Private Limited: 100% shareholding

   • Properties: a) Ascent-Worli, Mumbai
     • Leasable Area: Approximately 0.45 msf
     • Additional: 36 residential units proposed for rental b) Office building in Raheja Woods, Kalyani Nagar, Pune
     • Leasable Area: Approximately 0.11 msf (including amenity building)

Portfolio Expansion

The acquisitions, if completed, would add approximately 0.72 msf of leasable area to Mindspace REIT's portfolio, strengthening its presence in key markets like Mumbai and Pune.

Conference Call Details

Investors and analysts interested in participating can access the call through a pre-registration link that will be provided by the company. Following the call, a playback and transcript will be made available on the Investor Relations section of Mindspace REIT's website ( https://www.mindspacereit.com/investor-relations/calendarir ).

This strategic move by Mindspace REIT underscores its commitment to growth and expansion in India's commercial real estate market. The acquisitions, if successful, could potentially enhance the REIT's rental income and diversify its property portfolio.

Investors are advised to follow the conference call for more detailed information on the proposed acquisitions, including potential financial implications and strategic benefits for Mindspace REIT.

Sponsor Group of Mindspace Business Parks REIT Executes Encumbrance Transactions

Mindspace Business Parks REIT has reported recent encumbrance transactions executed by its sponsor and sponsor group members. These transactions involve the release and creation of encumbrances on units in the REIT.

Key Details of the Transactions

1. Transaction Period:

   • The encumbrance releases and creations were executed between November 25-26, 2025

2. Entities Involved:

   • Sponsor and sponsor group members, including:
     • Chandru L. Raheja
     • Anbee Constructions LLP
     • Capstan Trading LLP
     • Other sponsor group members

3. Lenders:

   • HDFC Bank Limited
   • Bajaj Housing Finance Limited

4. Security Trustee:

   • IDBI Trusteeship Services Limited

5. Encumbrance Duration:

   • Encumbrances created until December 31, 2040

Significance of Encumbrance Transactions

Encumbrance transactions by sponsor and sponsor group members can be significant for investors as they may indicate:

1. Changes in the financial arrangements of key stakeholders
2. Potential shifts in unit holding patterns within the REIT
3. Long-term commitments and financial strategies of sponsor group entities

Investors and market analysts often monitor such transactions closely to understand the financial dynamics and commitments of sponsor group entities.

Conclusion

The recent encumbrance releases and creations represent a restructuring of unit encumbrances among the sponsor and sponsor group members of Mindspace Business Parks REIT. The involvement of multiple entities and lenders suggests a significant financial arrangement. Investors may want to keep an eye on future encumbrance-related activities for any changes in the sponsor group's unitholding pattern and financial commitments.