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Office · India

Mindspace Business Parks REIT

MINDSPACE.NS

Mindspace Business Parks REIT is an Indian real estate investment trust that owns, operates and develops commercial office real estate. Its assets consist of integrated business parks and standalone office properties located across key Indian commercial hubs, including the Mumbai metropolitan region, Pune, Hyderabad and Chennai.

Price
INR 345.06
12-month move
-25.8%
Trailing yield
7.24%
52-week range
417 – 511.68
Twelve months, month-end closes
Sept 25Range 449.16 to 498.5 INRAug 26
Trading -76% of the way up its twelve-month range. Yield is above the 6.68% median for office in this region.

Peers

Brookfield India REITIndia8.25%-23.2%Precinct PropertiesNew Zealand7.19%-24.4%Embassy Office Parks REITIndia6.97%-13.8%DexusAustralia6.68%-23.9%Keppel REITSingapore6.09%-20%Japan Real Estate InvestmentJapan4.42%-10.1%