Post IPO, Mindspace Business Parks REIT to raise $517m debt

Post IPO, Mindspace Business Parks REIT to raise $517m debt

Powai, Mumbai, Maharashtra, India. Photo: Aniket Bhattacharya

Mindspace Business Parks REIT, which is aiming to become the country’s second publicly listed real estate investment trust (REIT), plans to refinance a large portion of its rent-yielding portfolio’s debt after its initial public offering (IPO), shows the company’s filing with the markets regulator.

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