Mindspace REIT derives almost 50% of its rental income from technology companies, the draft prospectus shows. That’s an encouraging sign for Mindspace REIT," said the third person cited above. The Mindspace REIT has a portfolio of commercial properties with a total leasable area of 29.5 million sq. ft (msf), comprising of 19.8 msf of completed area, 6.1 msf of under construction area and 3.6 msf of future development area, as on 30 June 2019. We will update all the relevant information and disclosures as and when we file the updated offer document," said Mindspace Business Parks REIT in a statement.

Source: Mint June 24, 2020 15:11 UTC