Mindspace REIT reports strong Q1 FY25 results, with committed occupancy of 91.1% and NOI growth of 9.2%
Mindspace ReitGrade A OfficeIndiaReal EstateCommercial PropertyReal Estate MumbaiJul 30, 2024
The committed occupancy of Mindspace REIT in Q1 FY25 is 91.1%
The NOI growth rate for Mindspace REIT in Q1 FY25 is 9.2%
The in-place rent of Mindspace REIT's parks is INR 70 per square foot per month
The size of Mindspace REIT's under-construction pipeline is 4.4 million square feet
The cumulative distribution made by Mindspace REIT since listing is approximately INR 4,231 crores or approximately INR 71.3 per unit
Indian realty sector witnesses significant investment from domestic investors in the second quarter, with major cities like Mumbai and Bengaluru leading the charge.
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