Mindspace Business Parks REIT declares record FY26 distribution of ₹24.09 per unit
Mindspace Business Parks REIT reported record FY26 operating performance, with NOI up 29.2% YoY, NAV per unit up 22%, and committed occupancy at 95.7%, enabling a record ₹24.09/unit distribution (+15.6%). The announced record date (Aug 8) and payment timeline (by Aug 14) may support near-term unit demand via income appeal, while conservative leverage (24.3% LTV) reinforces balance-sheet quality.
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▲ Bullish
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Mindspace Business Parks REIT has declared an FY26 distribution of ₹24.09 per unit, its highest since listing and up 15.6% year on year. Net operating income rose 29.2% to ₹2,663 crore, while NAV increased 22% to ₹527 and committed occupancy stood at 95.7%. The record date is August 8, 2026, and the payout is proposed to be made on or before August 14, 2026. The announcement highlights the listed Indian REIT’s unit-price sensitivity and income appeal.