BSEProperty Share Investment Trust - Propshare PlatinaMinimalNeutral
Announced Fri, 17 Apr · 19:53 IST
Propshare Platina files FY26 annual valuation; Prestige Tech Platina asset valued at ~₹374 Cr
Compliance View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
SM REIT Propshare Platina filed its FY26 annual full valuation report. The asset — 6 office floors in Building 2 of Prestige Tech Platina, Bengaluru's Outer Ring Road (246,935 sq.ft. leasable area) — was valued at ~₹373.99 crores by KZEN Valtech as on March 31, 2026. Key assumptions: in-place rent ₹103.17/sq.ft./month, market rent ₹101/sq.ft./month, 8% exit cap rate, 11.75% WACC. The Grade A office property (completed 2015, ~10 years old) is fully operational and held through SPVs. Valuation relies on an earlier Trilegal legal opinion on SPV ownership.
Likely market impact
Provides investors an updated ~₹374 Cr asset valuation, helping benchmark NAV, unit pricing, and portfolio performance for the REIT's sole property.