Mindspace Business Parks Reit · NSE:MINDSPACE.RR
Mindspace Business Parks Reit — Shareholder Meeting (June 2022)
13 slides from Mindspace Business Parks Reit's shareholder meeting presentation, Jun 29, 2022
Slide 1: 2nd Annual Meeting
2nd Annual Meeting 29 June 2022 mindspacereit.com 1
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation (“Presentation”) is made, or by reading the Presentation materials, you agree to be bound by the following limitations: This Presentation (a) is for information purposes only without regards to specific objectives, financial situations or n
Slide 3: Key Updates
Key Updates mindspacereit.com 3
Slide 4: Portfolio Overview
Portfolio Overview Mindspace REIT is one of the largest Grade-A office portfolios in India 31.8 msf INR 61.7 psf Total Leasable Area (1) In-place Rent 84.2% 84.3% Same Store Committed Committed Occupancy Occupancy on 23.6 msf on 24.2 msf ` Mumbai Region Hyderabad 16.3% 6.9 years 12.9 msf (40.5 %) 12
Slide 5: Strong Performance Since Listing
Strong Performance Since Listing Demonstrated strong Gross Leasing and delivered 36.5% cumulative returns for Unitholders Commerzone Kharadi, Pune 8.1 msf 1.5 msf Delivered in New Gross Leasing Developments INR 28.0 p.u 36.5 % Total distribution till date Cumulative returns since Commerzone Kharadi,
Slide 6: Mindspace REIT – Year at a Glance (FY22)
Mindspace REIT – Year at a Glance (FY22) Beyond Business Operations, Towards 1 Growth Trajectory 3 Long-term Value 4.5 msf 2.2 msf 2.3 msf New & Vacant Gross Leasing Re-leased(1) area Leased First Real Estate entity Committed to 100% to join the initiative Renewable Power(5) 31.0 % 10.3 % 2.9 msf 36
Slide 7: Robust Development Pipeline in Each of Our Micro-market
Robust Development Pipeline in Each of Our Micro-market ~1.7 msf addition to the portfolio in FY23 underway; ~70% space Pre-committed Under Construction Status: Historical development and expansion potential of our Portfolio Airoli (W) B9, Mumbai Region (1.1 msf) Commerzone Kharadi B5, Pune (0.7 msf
Slide 8: Mindspace Airoli East - Utilising Covid-19 downtime efficiently
Mindspace Airoli East- Utilising Covid-19 downtime efficiently to create a “WOW” factor Matching world-class standards, while enhancing the biodiversity within the park Outside seating Refurbished hardscape & landscape Attractive aesthetics Recreational spaces mindspacereit.com 8
Slide 9: Mindspace Madhapur, Hyderabad - Inauguration of Skywalk
Mindspace Madhapur, Hyderabad - Inauguration of Skywalk Skywalk connects Raidurg Metro Station to Mindspace Madhapur Campus Elevated Boardwalks for Ease of Movement – Phase 1 - Completed Elevated Boardwalks for Ease of Movement – Phase 1 - Completed • This striking addition to the public infrastruct
Slide 10: Commerzone Kharadi, Pune – Recreating Workspaces using Biophilic Design
Commerzone Kharadi, Pune – Recreating Workspaces using Biophilic Design Reconnecting millennial professionals with nature Panoramic view of the park Biophilic Landscape Attractive Aesthetics Shallow Stream and Sand Beds mindspacereit.com 10
Slide 11: Sustainable Financial Performance coupled with Low Leverage
Sustainable Financial Performance coupled with Low Leverage Distribution of INR 10,491 Mn, INR 18.45 per unit resulting in Distribution Yield(2) of 6.7% CRISIL: CCR AAA/Stable 15.7 % INR 10,941 Mn 6.7 % ICRA: ICRA AAA (Stable) Low Net Debt to Market Value (1) Distribution Amount Distribution Yield(2
Slide 12: ROFO Update - Commerzone Madhapur
ROFO Update - Commerzone Madhapur Exterior Perspective Project Details Total land area 9.07 acres Land ownership Freehold Leasable Area 1.82 msf 2 B + 2 Stilt + 1 G + 20 office Configuration floors Occupancy certificate Completion Status received in April 2022(1) Entrance Lobby Perspective Fit-out s
Slide 13: Thank You
Thank You Investor Relations Enquiries: Kedar Kulkarni (Finance & Investor Relations) Email id: ir@mindspacereit.com mindspacereit.com 13
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