Ramesh Nair, CEO & MD, Mindspace Business Parks REIT. (Photo: Mindspace Business Parks REIT)

Mindspace Business Parks REIT is positioning itself for a wave of artificial intelligence (AI)-driven demand for office and data centre space across India.

In response to questions from REITsWeek, Ramesh Nair, CEO and MD of Mindspace REIT said that he is taking a "glass half-full view" of how AI will shape tenant behaviour over the next five years.

Mindspace Business Parks REIT is a listed Indian REIT that owns and operates a portfolio of business parks and Grade A office assets across four major Indian cities: Mumbai, Hyderabad, Pune and Chennai.

Sponsored by K Raheja Corp, one of India's established real estate developers, Mindspace REIT listed on the Indian stock exchanges in 2020 and has since grown into one of the country's largest institutionally managed office landlords.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.