India, Nov. 28 -- Mindspace REIT, sponsored by K Raheja Corp, has acquired three assets totalling 8 lakh sq ft in Mumbai and Pune. As of September 30, its commercial portfolio stood at 38.2 million sq ft, which will rise to 39 million sq ft after this acquisition.

The three commercial assets are located in Mumbai's business districts Worli and Bandra-Kurla Complex, and Pune's Kalyani Nagar for Rs.2,916 crore from its sponsor K Raheja Corp Group, the company said in a regulatory filing.

The Board of the Manager to Mindspace Business Parks REIT has approved the acquisition and preferential issue of units aggregating up to Rs.1,820 crore subject to unitholders and other regulatory approvals, the company said.

The assets acquired by Mindsp...