Mindspace REIT Achieves Global Leadership in Office Development ESG Standards

Mindspace Business Parks REIT has been recognized as the 'Global Listed Sector Leader – Office Development Benchmark' by GRESB for the second year. The REIT achieved high scores for its ESG integration, demonstrating leadership in sustainable real estate. Mindspace's portfolio spans key Indian cities and is known for its green certifications.

Mindspace Business Parks REIT has been awarded the title of 'Global Listed Sector Leader – Office Development Benchmark' for the second consecutive year by GRESB, reflecting the REIT's dedication to sustainable development practices. With scores surpassing both GRESB and peer averages, the entity achieved impressive ratings of 99/100 and 91/100 in various benchmarks.

Demonstrating a robust ESG integration, Mindspace REIT maintained its Green Star and 5-Star rating for the third year. This marks a significant milestone, as the REIT excelled in the Office Development Benchmark performance component, achieving a perfect score. Ranked third in Asia's Listed Category and among India's real estate peers, Mindspace REIT's 33.6 million sq. ft. portfolio stands out.

Mindspace REIT, led by CEO Mr. Ramesh Nair, emphasizes sustainability as a core strategy. Their top GRESB scores highlight their commitment to surpassing industry benchmarks, reflecting a strategic focus on sustainability and ESG principles. The REIT leads in setting new standards for sustainable real estate, significantly advancing ESG performance within the industry.

(With inputs from agencies.)