Mindspace REIT shrugs off COVID-19 blues, restarts IPO process

Mindspace REIT shrugs off COVID-19 blues, restarts IPO process

Residential and commercial buildings stand in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg

Mindspace Business Parks REIT has restarted work on its initial public offering (IPO), three people aware of the development said, as the resumption of economic activity brightens outlook for the real estate investment trust (REIT) backed by K Raheja Corp and Blackstone.