About Bagmane Prime Office REIT IPO Details
Bagmane Prime Office REIT is a commercial real estate investment trust that owns and manages a portfolio of premium Grade A+ office business parks located in Bengaluru, one of India’s most prominent office markets. The portfolio is strategically positioned across key micro-markets in the city and is predominantly leased to multinational corporations and leading global technology companies.
As of June 30, 2025, the REIT’s portfolio included six Grade A+ business parks, covering a total area of 20.3 million sq. ft., with 19.6 million sq. ft. of leasable space and a committed occupancy of 97.9%. It comprises a mix of completed office assets, ongoing and upcoming development projects, as well as select ancillary assets such as hotels and solar power installations.
The tenant base features several global enterprises, including companies like Google, Amazon, Nvidia, and other multinational firms operating in the technology and related sectors. The leasing strategy is centered on establishing long-term tenant relationships, offering customized built-to-suit office solutions, and enabling expansion opportunities within existing campuses.
Bagmane Prime Office REIT is sponsored by the Bagmane Group, a Bengaluru-based developer known for its expertise in Grade A+ office spaces and a strong development pipeline across major Indian cities.
Bagmane Prime Office REIT Company Financials (Amount in crore)