From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Mindspace REIT leases 1.6 million sq ft in Q2, NOI rises 31.9%
What's behind this
The Tamil Nadu Housing Board (TNHB) has issued a tender to demolish 96 old rental quarters and other buildings at the Foreshore Estate in Pattinapakkam, which is slated to become the site of a new secretariat complex in Chennai. The contract will require the winning bidder to dismantle the structures down to ground level, clear the resulting debris and level the land for future development.
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The Real Estate Investment Trust (REIT) has also leased around 0.6 million sq ft at its newly acquired Chennai assets since acquisition. A large transaction covering around 0.5 million sq ft was signed at One Radial with a European banking, financial services and insurance (BFSI) global capability…
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The Real Estate Investment Trust (REIT) has also leased around 0.6 million sq ft at its newly acquired Chennai assets since acquisition. A large transaction covering around 0.5 million sq ft was signed at One Radial with a European banking, financial services and insurance (BFSI) global capability…
