Terming the transaction value-accretive, Nuvama analysts Parvez Qazi and Vasudev Ganatra have reiterated their 'Buy' rating on the REIT, with a DCF-based target price of ₹507
The board of the manager of the Reit has approved the acquisition and also a preferential issue of units aggregating up to ₹1,820 crore
K Raheja-backed REIT plans ₹4,000 cr capex, portfolio expansion, and higher occupancy
Mindspace Reit has raised Rs 550 crore through sustainability-linked bonds from IFC, the World Bank Group arm, in the first issuance under Sebi's new ESG framework