Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue

Mindspace Business Parks REIT has completed five years since its August 2020 listing. Over this period, the REIT has delivered 14.8% annualized total returns to unitholders and distributed INR 55.9 billion cumulatively. The portfolio has grown 30% to 31.0 msf of completed area, with gross leasing of 25.2 msf and acquisitions adding 3.1 msf. Key metrics have strengthened significantly: office occupiers rose 66% to 223, in-place rent grew 34% to INR 72.9 psf, unitholders expanded 8x to 68,710, and GAV increased 55% to INR 372 billion. NAV per unit rose 28% to INR 431.7, while LTV remains conservative at 25%. Occupancy stands strong at 93.7%, and the REIT was the first Indian REIT to introduce data centers and raise funds through Sustainability-Linked Bonds.