MINDSPACE Share Price Performance
₹464.98
91.46 (24.49%)
7.1% overvalued intrinsic discount
₹434.14
Fair Value
Price ₹464.98
AnalystConsensusTarget ₹434.14
Fair Value₹434.14
Share Price₹464.98
7.1% overvalued intrinsic discount
Mindspace Business Parks REIT Stock Price
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MINDSPACE Community Narratives
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Fair Value ₹434.14 7.1% overvalued intrinsic discount
Mumbai, Hyderabad And Pune Offices Will Fuel Future Momentum
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Mindspace Business Parks REIT
Mumbai, Hyderabad And Pune Offices Will Fuel Future Momentum
Key Takeaways Strong demand from India's growing IT and GCC sectors is driving high occupancy, rising rents, and stable long-term cash flows in premium office markets. Strategic developments, acquisitions, and improved financing conditions are set to boost earnings, portfolio growth, and returns to unitholders.
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AN
₹434.14
7.1% overvalued intrinsic discount
AnalystConsensusTarget Fair Value
Revenue growth
11.85% p.a.
Profit Margin
26.65%
Future PE
40.73x
Share price in 2028
₹638.16
Snowflake Analysis
Mindspace Business Parks REIT Key Details
About MINDSPACE
- Founded
- 2019
- Employees
- n/a
- CEO
- WebsiteView website
Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai, and is one of the largest Grade-A office portfolios in India. The portfolio has a total leasable area of 38.1 msf comprising of 31.0 msf of completed area, 3.7 msf of area under construction and 3.4 msf of future development. The portfolio consists of 5 integrated business parks and 6 quality independent office assets with superior infrastructure and amenities. It has a diversified and high-quality tenant base, with over 260 tenants. Most of the buildings in the portfolio are either Gold or Platinum Green Building Certified (IGBC/LEED). The assets provide a community-based ecosystem and have been developed to meet the evolving standards of tenants, and the demands of ‘new age businesses’, making it amongst the preferred options for both multinational and domestic corporations.