Mindspace REIT Q2 FY26: Occupancy at 94.6%, NOI Up 26%, Eyes Data Center Growth | Ramesh Nair #ETNOW
Mindspace REIT Q2 FY26: Occupancy at 94.6%, NOI Up 26%, Eyes Data Center Growth | Ramesh Nair
Mindspace REIT Q2 FY26: Occupancy at 94.6%, NOI Up 26%, Eyes Data Center Growth | Ramesh Nair
Mindspace REIT reports a strong Q2 FY26 performance, led by 94.6% occupancy, 26% NOI growth, and rising distribution income.
CEO & MD Ramesh Nair joins ET Now to discuss the company’s growth momentum, SEZ reforms, and its plans to expand across premium commercial spaces and data centers.
Mindspace’s NOI margins remain at a solid 81–82%, supported by efficient cost management and strategic acquisitions like the R2 Pune Building and Airoli Gigaplex Data Center.
The company currently operates 1.7 million sq. ft. of data centers with a 285 MW capacity, with two centers live and three under construction in Navi Mumbai, India’s emerging data hub.
#mindspacereit #earningswithetnow #reitsector #datacenterindia #commercialrealestate #businessnews #investment
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