Mindspace Business Parks ReitNSE: MINDSPACE.RR

MINDSPACE.RR: Prime Hyderabad office asset acquisition boosts scale, income, and long-term returns

· Issued by Mindspace Business Parks Reit

Acquisition of a prime Hyderabad office asset adds 1.82 million sq ft leased to Qualcomm, boosting portfolio scale and income. The INR 2,038 crore deal is DPU accretive, with strong market fundamentals and expected consolidation by March, pending approvals.

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