K Raheja Corp’s Post

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Our commercial business, Mindspace Business Parks REIT has achieved a healthy NOI growth this quarter. Excluding one-off items, their Q3 FY24 NOI grew by 10.4% over last year.  The recent SEZ move is poised to boost leasing, and our teams are geared to lease SEZ spaces, enhance the portfolio occupancy, and convert idle assets into revenue. The business is on track to deliver a 4.4 msf development pipeline over the next 1-3 years integrated with the best safety and design elements. The businesses strategic asset acquisitions and prudent investments, backed by a strong balance sheet, ensure continued value for investors. Here’s a report in The Economic Times Ramesh Nair #KRahejaCorp #TheEconomicTimes #MindspaceBusinessPark #REIT #NOIGrowth #Newspaper #Article #RealEstate

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