Mindspace Business Parks REIT to attend Avendus Conclave on Jun 16

0 min read     Updated on 13 Jun 2026, 08:04 AM
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Mindspace Business Parks REIT will participate in the REITs & InvITs Conclave 2026 in Mumbai on June 16, 2026, organised by Avendus Spark. The management will hold group and one-on-one meetings with investors at Hotel Trident BKC. The presentation is available on the company website, and the schedule is subject to change.

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Mindspace Business Parks REIT is set to participate in the REITs & InvITs Conclave 2026 in Mumbai, an event organised by Avendus Spark scheduled for June 16, 2026. The management will engage with investors through group meetings and one-on-one sessions at Hotel Trident BKC. This participation aims to provide a platform for direct interaction with the investment community.

The presentation materials to be used by the management during the conference are accessible on the official website of Mindspace REIT. The company noted that the meeting schedule remains subject to changes depending on the availability of investors, organisers, or the management team.

Event Details

The following table outlines the key specifics of the upcoming participation:

Conference Organised by Location Date Type of Meeting Mode
Avendus REITs and InvITs Conclave 2026 Avendus Spark Hotel Trident BKC, Mumbai June 16, 2026 Group meeting and one on one meetings with Investor(s) Physical

The disclosure was submitted to the stock exchanges by K Raheja Corp Investment Managers Private Limited, acting as the Manager to Mindspace Business Parks REIT. Mridul Gupta, the Company Secretary and Compliance Officer, signed the filing on June 12, 2026.

Historical Stock Returns for Mindspace Business Parks REIT

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-0.21%-0.43%-4.15%+10.52%+56.04%

What strategic updates or growth initiatives is Mindspace REIT likely to highlight during the investor meetings?

How might the outcomes of these interactions influence investor sentiment towards Mindspace REIT's stock performance?

Will Mindspace REIT provide any guidance on future acquisitions or portfolio expansion at the conclave?

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Mindspace REIT secures 51% stake in International Tech Park Chennai

1 min read     Updated on 09 Jun 2026, 06:58 PM
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Mindspace Business Parks REIT completed the acquisition of a 51% stake in Radial IT Park Private Limited on June 8, 2026, gaining control of the 2.6 million sq ft International Tech Park Chennai. The remaining 49% was acquired by 360 One Real Assets Advantage Fund. The transaction was executed pursuant to definitive documents with AIGP2 Chennai 1 Pte. Ltd.

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Mindspace Business Parks REIT completed the acquisition of a 51% stake in Radial IT Park Private Limited on June 8, 2026, securing control over the International Tech Park Chennai located on Radial Road. The transaction adds an office property with a total leasable area of approximately 2.6 million square feet to its portfolio. The remaining 49% stake in the target company was acquired by 360 One Real Assets Advantage Fund along with its affiliates on the same date.

The acquisition was executed in accordance with definitive transaction documents agreed upon with the seller, AIGP2 Chennai 1 Pte. Ltd. The deal was subject to debt and closing adjustments. To govern the rights, responsibilities, and management of the target company, Mindspace REIT entered into a shareholder's agreement with the co-investor as required under the REIT Regulations.

Transaction Details

The following table outlines the key details of the acquisition:

Particular Details
Target Company Radial IT Park Private Limited
Property International Tech Park Chennai, Radial Road
Stake Acquired by Mindspace REIT 51%
Stake Acquired by Co-investor 49%
Total Leasable Area ~2.6 million sq ft
Completion Date June 8, 2026

Regulatory Compliance

The intimation was submitted to the exchanges pursuant to Regulation 23(5) of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014. The disclosure aligns with Mindspace REIT's policy for determining the materiality of events. The manager to the REIT, K Raheja Corp Investment Managers Private Limited, confirmed the completion through its Company Secretary and Compliance Officer, Mridul Gupta.

Historical Stock Returns for Mindspace Business Parks REIT

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-0.21%-0.43%-4.15%+10.52%+56.04%

How will this acquisition impact Mindspace REIT's distribution per unit (DPU) for the upcoming fiscal year?

What are the current occupancy levels and rental yields for the International Tech Park Chennai, and how do they compare to Mindspace's existing portfolio?

Does Mindspace REIT plan to acquire the remaining 49% stake from 360 One Real Assets Advantage Fund in the future?

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1 Year Returns:+10.52%