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Mindspace Business Parks REIT reported a 13% rise in Q4 net income and appointed new leadership.
Mindspace Business Parks REIT saw a 13% jump in net operating income to ₹540 crore in Q4 FY25, with a distribution of ₹392 crore.
The company appointed Ramesh Nair as CEO and Managing Director and welcomed Akshaykumar Chudasama as a non-executive independent director.
It also reported record quarterly gross leasing of 2.8 million sq ft and the acquisition of an office space for ₹70 million.
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