Mindspace Business Parks REIT has bagged ‘Global Listed Sector Leader – Office Development Benchmark’, for the 2nd consecutive year. The REIT surpassed GRESB and peer average scores, achieving of 99/100 in the Office Development Benchmark and 91/100 in the Standing Investment Benchmark.
In the Standing Investment Benchmark, Mindspace REIT ranked 3rd among Indian real estate peers, reinforcing the excellence of its expansive 33.6 million sq. ft. Grade A portfolio.
Ramesh Nair, CEO, Mindspace REIT, said, “At Mindspace REIT, sustainability is at the core of our strategy, and this recognition strengthens our commitment to not only meet but exceed industry benchmarks. Our 5-Star Rating and top scores in GRESB affirm that we are on the right path in integrating environmental, social, and governance principles into every facet of our operations.”
This accomplishment reflects the unified dedication across all teams, with a clear focus on upholding Mindspace REIT’s core ESG principles.
GRESB is an independent organization providing validated ESG performance data and peer benchmarks for investors and managers to improve business intelligence, industry engagement and decision-making. Today, over 95% of investors use ESG data in their decision-making, and the GRESB data is currently being used by over 150 institutional and financial investors and as well as 3,000 fund, companies, and asset operators.