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Mindspace REIT expands Chennai portfolio...

Mindspace Business Parks REIT on Saturday...

Mindspace REIT expands Chennai portfolio with strategic acquisition of Commerzone Porur

Mindspace Business Parks REIT on Saturday said it had acquired 0.24 million square feet (msf) of the leasable area at Commerzone Porur, Chennai, for  ₹181.6 crore, including transaction costs. Mindspace Business Parks REIT on Saturday said it had acquired 0.24 million square feet (msf) of the leasable area at Commerzone Porur, Chennai, for ₹181.6 crore, including transaction costs. This strategic acquisition helps Mindspace REIT consolidate its ownership in the project, per a company statement.Mindspace REIT, through its Asset SPV, now owns 100 per cent of the project with a total leasable area of 1.1 msf....

Mindspace REIT expands...

Mindspace Business Parks REIT on Saturday said it had acquired 0.24 million square feet (msf) of the leasable area at Commerzone Porur, Chennai, for...