hyderabadupdates.com Real Estate Mindspace REIT acquires 2.6 million sq ft office asset in Chennai for ₹2,541 crore

Mindspace REIT acquires 2.6 million sq ft office asset in Chennai for ₹2,541 crore

Mindspace Business Parks REIT has bought a large office property in Chennai for approximately ₹2,541 crore. This acquisition significantly boosts its presence in South India. The deal includes existing office space and new development expected by March 2027. This move increases Chennai’s share in Mindspace REIT’s overall portfolio. The transaction was completed under a special arrangement with its sponsor.

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