India, July 24 -- In a regulatory filing on July 24, the company informed that it has acquired 100% equity shareholding in Mack Soft Tech Pvt Ltd, which owns 'Q-City', a 8 lakh square feet commercial asset in Hyderabad's financial district.

This acquisition is Mindspace REITs' first third party asset addition, outside its Portfolio Parks and reinforces its commitment to long-term growth and value creation for unitholders, it said.

The transaction has been undertaken through Horizonview Properties Private Limited, an Asset SPV of Mindspace REIT. The asset shall be rebranded as The Square, 110 Financial District, the company said.

The deal strengthens Mindspace REIT's Hyderabad presence to over 16 million square feet, in aggregate. Hyder...