Mindspace Business Parks REIT has raised INR 550 Crore through Sustainability-Linked Bonds (SLBs) from the International Finance Corporation (IFC), the private investment arm of the World Bank Group
Mindspace Business Parks REIT has raised INR 550 Crore through Sustainability-Linked Bonds (SLBs) from the International Finance Corporation (IFC), the private investment arm of the World Bank Group

News

Mindspace Business Parks REIT has raised INR 550 Crore through Sustainability-Linked Bonds (SLBs) from the International Finance Corporation (IFC), the private investment arm of the World Bank Group

Mindspace Business Parks REIT, developer of Grade-A office assets, has raised an additional ₹550 crore through Sustainability-Linked Bonds  (SLBs) from the International Finance Corporation  (IFC), the private investment arm of the World Bank Group. This follows its maiden SLB issuance of ₹650 crore in June 2024, taking the total SLB funding to ₹1,200 crore.

The latest issuance is the first by an Indian REIT under the Securities and Exchange Board of India ’s (SEBI) new ESG framework for debt securities, notified on June 5, 2025. The framework sets enhanced standards for transparency, independent review, and ongoing compliance in ESG-linked instruments, positioning this transaction as a landmark moment in India’s real estate financing.

“With this issuance, we’re taking a big step forward on our sustainability journey. Being the first REIT to raise Sustainability Linked Bonds under SEBI’s new ESG framework shows our intent to lead from the front. Partnering with IFC gives us global backing, and it will help us drive energy efficiency, add more green-certified space , and build a portfolio that’s ready for the future,” said Ramesh Nair, MD and CEO, Mindspace REIT

Source: The Economic Times

Important Notice

We at K Raheja Corp including its group entities (“K Raheja Corp Group”) have been made aware of websites / URLs / social media handles being used to undertake fraudulent activities whereby certain individuals/third parties are impersonating as being part of K Raheja Corp Group and claiming and/or soliciting monies on the pretext of promising job opportunities and finance trading on our behalf.

We hereby clarify that the above fraudulent activities are being done without any authority from K Raheja Corp Group in a malicious and vicious attempt by such individuals/third parties to make unlawful gains.

Warning

We urge the public at large to be cautious and not engage in any form of communication/s with such fraudulent individuals/third parties /websites/URLs/social media handles impersonating K Raheja Corp Group and promptly report the matter to law enforcement agencies for necessary action.

Authentic Communication

For any genuine enquiries with respect to employment or to know more about our portfolio, please visit our official website: www.krahejacorp.com

Stay safe, and thank you for your understanding.