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  • Mindspace REIT Acquires Hyderabad Office Asset, Enters Financial District

    Mindspace REIT Acquires Hyderabad Office Asset, Enters Financial District0

    Mindspace Business Parks REIT has made its first-ever acquisition of a third-party commercial office asset, Q-City in Hyderabad’s Financial District, for ₹512 crore. The property, spanning 0.81 million sq ft, will be rebranded as The Square, 110 Financial District. The acquisition boosts the REIT’s portfolio to 37.9 million sq ft, and adds ₹53.5 crore in annualised net operating income.

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