Mindspace REIT
Grade A office parks in India, integrating social, environmental, and ethical principles.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | $63.1m | Post IPO Debt |
| Total Funding | 000k | ||
| INR | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 54 % | 30 % | 6 % | 7 % | 14 % | 11 % | 19 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 78 % | 67 % | 72 % | 73 % | 78 % | 76 % | 75 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 24 % | 12 % | 22 % | 18 % | 22 % | 24 % | 25 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Mindspace Business Parks REIT, part of the K Raheja Group, is a real estate investment trust (REIT) that owns and manages Grade A office parks across major cities in India, including Mumbai, Hyderabad, Pune, and Chennai. These office parks cater to a diverse range of clients, from multinational corporations to local businesses, providing high-quality office spaces that meet international standards. The company operates in the commercial real estate market, focusing on creating sustainable and efficient workspaces.
Mindspace Business Parks REIT generates revenue primarily through leasing office spaces to tenants. The business model is built on long-term lease agreements, which provide a stable and predictable income stream. Additionally, the company emphasizes sustainability and community outreach, integrating social, environmental, and ethical principles into its core operations. This includes initiatives like green building certifications, waste composting, organic farming, and water efficiency projects.
The company also engages in corporate social responsibility (CSR) activities, such as teacher training programs, book donation drives, and employee volunteer initiatives aimed at improving education and community welfare.
Keywords: Grade A office parks, real estate investment trust, commercial real estate, sustainable buildings, long-term leases, multinational tenants, community outreach, green certifications, India, K Raheja Group.