Latest News | Mindspace Business Parks REIT FY22 Net Operating Income Up 8 Pc to Rs 1,486 Cr

Get latest articles and stories on Latest News at LatestLY. Mindspace Business Parks REIT on Thursday reported an 8 per cent increase in net operating income at Rs 1,486.4 crore for the last fiscal year.

New Delhi, May 12 (PTI) Mindspace Business Parks REIT on Thursday reported an 8 per cent increase in net operating income at Rs 1,486.4 crore for the last fiscal year.

Speaking on the results, Vinod Rohira, chief executive officer, said, "Mindspace REIT has recorded one of the strongest years of leasing as volumes surpassed 4.5 million square feet."

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"The increased preference for offices that offer aspirational and experiential product offerings and are maintained by best asset managers augurs well for our business," he added.

Rohira further said robust hiring by IT companies over the past two years coupled with actioning of return to office plans, point to a strong resurgence in demand.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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