Mindspace REIT Acquires ₹2,541 Cr Chennai Office Asset, Expands Portfolio by 2.6 Mn Sq Ft
Mindspace REIT has acquired a 2.6 million sq ft Grade-A office asset in Chennai for ₹2,541 crore, taking total acquisitions to 6.6 million sq ft and strengthening its presence in key office markets.
India’s REIT Market Gains Momentum, Outpaces Asian Peers
India’s REIT market is emerging as a high-performing asset class, delivering strong returns and stable yields while outperforming Asian peers. With SM REITs and new asset classes, the sector is poised for significant growth.
Sonu Sood Leases BKC Commercial Unit to HDFC Bank for ₹11.75 Lakh Monthly
Actor Sonu Sood has leased his BKC commercial unit to HDFC Bank for ₹11.75 lakh monthly rent under a 9-year agreement, underscoring strong institutional demand for premium Mumbai office assets.
India’s Office Market Hits Record Highs in 2025 with 83.3 Million Sq Ft Leasing
India’s office market shattered records in 2025 with 83.3 million sq ft of leasing, led by GCCs and flex spaces, as vacancy dropped to a five-year low, says JLL.