Mindspace's proven track record of delivering high-quality projects on time and at optimal cost, along with our operational excellence, makes us the partner of choice for global brands and their millennial workforce.
Our growth is founded on a prudent approach to financial management. By optimizing cash flow and with a focus on long-term value creation for our unit holders, we aim to maintain a strong balance sheet that meets the liquidity needs of the business.
Distribution yield
Issued India's first REIT level Green Bond
Net Debt to Market Value
Net Debt to EBITDA
We continue to leverage our diversified portfolio, active developments, and re-developments in each market as a way to capitalize on the trends that are emerging. This includes a shift to quality workspaces that prioritize healthy building technology and ample outdoor amenity spaces, and also cater to the demand for flexible, move-in-ready spaces that serve as an entry point for our tenants to expand within the portfolio.
Total leasable area
Gross leasing
Increase in leasable area of four buildings via re-development at Mindspace Madhapur
Human Capital drives our success, and our people form its foundation. We value the expertise of our dynamic team, celebrate the diversity they bring to the table and acknowledge their contribution. We invest in training and honing our talent, promoting an environment of growth and development - both personally and professionally, while encouraging innovation and engagement across levels.
Hired Trans‑woman at our Corporate Office
Average ESG training hours per employee
Mindspace REIT is certified as
'Great Place To Work', second time in a row
We work closely with our stakeholders, business partners, and tenants to foster and nurture an engaging and mutually beneficial partnership. Mindspace REIT also invests in empowering our communities, especially children and women by education, training, and upskilling through various CSR initiatives.
Total tenants
Students benefited
Disabled army soldiers benefited through Skill development programme
Community Need Assessments conducted
We believe in the importance of integrating sustainability into its business value chain and operations. We seek to minimise our environmental footprint and drive change through various energy and water reduction initiatives, increase the usage of renewable energy and embed sustainability principles into our operations and development projects. In addition, we continue to focus on diversity and equal opportunity in our workforce and communities, safeguard the health and safety of stakeholders as well as maintain high ethical standards.
Green power usage across common areas
Total water recycled during the FY23
Renewable energy in the energy mix
Of solar power on the rooftops of our buildings