Mindspace Business Parks REIT has acquired Mack Soft Tech for ₹511.8 crore. This deal includes ‘Q-City’, a commercial asset in Hyderabad. The property will be rebranded as ‘The Square, 110 Financial District’. This acquisition increases Mindspace REIT’s Hyderabad portfolio. The deal was closed at a discount, promising a boost to REIT NOI.
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