Mindspace Business Parks REIT

NSE: MINDSPACE | BSE: 543217 | ISIN: INE0CCU25019 | Industry: REITs-InvITs
| Turnaround Potential
403.0000 7.18 (1.81%)
NSE Jun 06, 2025 15:31 PM
Volume: 139.8K
 

403.00
1.81%
ICICI Securities Limited
We attended Mindspace Business Parks REIT’s (MREIT) analyst meet in Mumbai/Pune, where the company reiterated its strategy and business outlook for its office assets including: 1) overall portfolio physical occupancy which was 23% in Apr’22 has improved to 30-35% in May’22, and is expected to cross 60% by Sep’22 barring any fresh Covid related disruptions 2) the REIT manager expects portfolio occupancy levels to cross 90% by end of FY23 or H1FY24 on the back of renewed occupier interest for larger sized deals.
Mindspace Business Parks REIT is trading above all available SMAs
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