Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mindspace Business Parks REIT has filed its Half Yearly Report for H1 FY26, approved by the Board on November 5, 2025. Revenue from Operations grew 25% year-on-year to ₹15,301 Mn, with Net Operating Income at ₹12,503 Mn. The REIT declared a distribution of ₹7,079 Mn (₹11.62 per unit), bringing cumulative distributions since listing to ₹59.5 Bn. Gross leasing during the period was 2.6 MSF at a strong 29.1% re-leasing spread, with committed occupancy at 93.8%. Portfolio expanded with the acquisition of 'The Square 110, Financial District' in Hyderabad (~0.8 MSF) for ₹4,957 Mn. The REIT raised ₹5,500 Mn through a Sustainability-Linked Bond from IFC, the first such issuance by an Indian REIT under SEBI's new ESG framework.
Strong operational performance with 25% revenue growth, healthy leasing momentum, and AAA credit rating support stable unit value. The acquisition and bond issuance signal continued portfolio expansion, while the 5.1% distribution yield (on ₹455 unit price) offers attractive income for unitholders.