Our illustrious track record of delivering Grade A premium business spaces with renowned operational excellence establishes us as the preferred partner for global brands and their millennial workforce. Our proven record of building future‑ready workspaces serves as a compelling force in attracting top-tier clients and their employees.
Built upon a foundation of prudent financial management, our growth trajectory is guided by a prudent focus on optimizing cash flow and creating enduring value for our unit holders. This steadfast approach ensures the maintenance of a resilient balance sheet, adept at meeting the liquidity needs of our business.
Distribution Yield(1)
Net Debt to Market Value(2)
Net Debt to EBITDA
(1) Distribution yield basis FY24 distribution calculated on issue price
of ` 275 p.u.
(2) Market value as of March 31, 2024; Market Value of Mindspace
Madhapur is with respect to 89.0% ownership of REIT in respective
Asset SPVs
Our diversified portfolio across markets, active developments, revitalizing existing properties, and redevelopments mitigates risk and enhances resilience allowing us to capitalize on opportunities in various market conditions. This entails a strategic shift towards quality workspaces that prioritize healthy building technology and expansive outdoor amenity spaces. Additionally, we meet the demand for flexible, movein- ready spaces, serving as entry points for tenants seeking to expand or relocate their operations within our portfolio.
Total Leasing Area
Gross Leasing
We work closely with our stakeholders, business partners, and tenants to foster and nurture an engaging and mutually beneficial partnership. Mindspace REIT is also actively involved in nurturing and empowering our communities, especially women and children, through education, training, upskilling, and reskilling.
Average ESG Training Hours per Employee
Integrating sustainability into our business value chain and operations is of paramount importance. We seek to minimize our environmental footprint and deliver a positive impact through initiatives aimed at reducing energy and water consumption, and by increasing our reliance on renewable energy sources. In addition, we continue our efforts to improve diversity and equal opportunity in our workforce and communities, and safeguard the health and safety of our stakeholders while maintaining high ethical standards.
Green Power Usage
Renewable Power Capacity
Water Recycled
