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Bagmane Prime Office REIT leases 1.2 million sq ft in Q2, occupancy rises to 99%

Bagmane Prime Office REIT leased 1.2 million sq ft of office space in the September quarter. This leasing figure represents more than four times the amount recorded in the previous quarter. The demand for space primarily came from global capability centres, accounting for 96% of leasing activity. The REIT reported a revenue from operations of Rs 765 crore during this period. The board also declared a distribution of Rs 1.
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