Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mindspace Business Parks REIT submitted its H1 FY26 half-yearly report, reporting revenue from operations of ₹15,301 Mn (up 17.1% year-on-year) and net operating income of ₹12,503 Mn (up 23.1% year-on-year). The REIT declared a distribution of ₹7,079 Mn for the half year (₹11.62 per unit), bringing cumulative distributions since listing to ₹59.5 Bn with 16.3% annualised returns. It acquired The Square 110 Financial District in Hyderabad (0.81 MSF) for ₹4,957 Mn in July 2025 and raised ₹5,500 Mn through sustainability-linked bonds from IFC in August 2025. Committed occupancy stood at 93.8%, net asset value at ₹483.7 per unit, and net debt to market value at a healthy 24.2%.
The report reflects strong operational performance with double-digit growth in revenue and NOI, consistent unit-holder distributions, and continued portfolio expansion through accretive acquisitions. The combination of high occupancy, low leverage, and sustainable financing reinforces confidence in long-term value creation for unitholders.