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
Mindspace Business Parks REIT (MREIT) delivered a steady performance in Q2FY24 with both revenue and NOI increasing 7% QoQ to INR6.0bn and INR4.9bn, respectively. Overall portfolio occupancy as of Sep’23 was at 83.8% (decline of 310bps QoQ) owing to fresh exits of 0.3msf and acquisition of Porur, Chennai asset of 0.24msf which has higher vacancy.
Mindspace Business P.. has an average target of 393.00 from 1 broker.
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