A GLIMPSE INTO MINDSPACE REIT

Where Progress
Meets Wellness

Mindspace REIT is a pioneer in shaping world-class office spaces, offering Grade A integrated business campuses, standalone office buildings, and cutting-edge data centers across prime commercial hubs in the Mumbai, Hyderabad, Pune, and Chennai region.

As of March 31, 2024, our portfolio is valued at ` 299 billion, with a total leasable area of 33.2 msf, making it one of India's leading Grade A office portfolios.

Our REIT is instrumental in creating office ecosystems that offer our occupiers and their employees, efficient work environments, to manage their operations and in turn serve their consumers. We provide an integrated infrastructure with amenities and offices in easily accessible locations with good connectivity, through our campuses, to meet the evolving needs of our tenants. Our in-house facility management division, CAMPLUS, and tenant relations division ensure seamless operations for our occupiers. Conscious of our environmental responsibility, we have integrated energyefficient systems, invested in renewable energy generation, and undertaken initiatives to improve air quality and biodiversity. Through these actions, we foster a sustainable environment that promotes productivity and well-being in the workplace.

Our business park offerings under three brands – Mindspace, Commerzone and The Square – have enabled us to cultivate lasting partnerships with over 220 foreign multinationals, Fortune 500 companies, and domestic tenants. These longstanding relationships with our clients underscore Mindspace's reputation for excellence and creates a consistent demand for our spaces. We maintain our position as an industry leader, ready to adapt to the changing needs of our tenants by offering new-age amenities and drive future growth through development pipeline.

Mindspace REIT: A Snapshot

32.2 MSF

Total Leasable Area

55

Green Buildings

` 299BN

Market Value (1)(2)

26.3MSF

Completed Area

220+

Marquee Tenants

` 380.5P.U.

Net Asset Value (1)(2)

55

Premium buildings across 10 office assets(3)

69.0PSF

In-place Rent

99.9%

Completed Portfolio is Green Certified

6.8YEARS

WALE

All above figures are as on March 31, 2024
  • The market value of Mindspace Madhapur is with respect to 89.0% ownership
  • Based on Valuation by Independent Valuer
  • Excluding Amenities

3 Marquee Brands

Business Drivers

Strong presence in four key office markets in India

Deep real estate expertise and experience

Bolstering partnerships with marquee tenants

Strong development pipeline

Prudent fiscal management

Stable cashflows with sustained growth