BENGALURU :
Mindspace Enterprise Parks REIT, which owns and operates an workplace portfolio throughout 4 cities, on Thursday reported a 4% rise in internet working revenue to ₹371.5 crore for the quarter-ended December. It additionally declared distribution of ₹275.2 crore for its unitholders for the interval, the corporate mentioned in a regulatory submitting.
The distribution includes ₹255.6 crore in type of dividend, ₹19 crore in type of curiosity and ₹60 lakh within the type of different revenue.
“Mindspace Enterprise Park REIT witnessed a big uptick of leasing exercise with 1.8 million sq ft of house leased within the December quarter, taking the general leasing to three.8 million sq ft the primary 9 months of FY22. The numerous change in occupiers’ choice in direction of high quality workplace areas which adhere to one of the best requirements of well being, security, expertise, and wellness protocols has helped enhance demand for our portfolio. We anticipate this development to intensify additional within the coming quarters,” mentioned CEO Vinod Rohira.
“The Union Finances’s impetus of changing the SEZ coverage to enhance ‘Ease of doing enterprise’ in SEZs would supply fillip to the demand for SEZ areas in our portfolio,” Rohira added.
Supply: Live Mint