Bagmane Prime Office REIT
BAGMANE.BO
Bombay Stock Exchange103.80
INR
+0.19
- -
Bagmane Prime Office REIT
BAGMANE.BO
(Bombay Stock Exchange)
Recent
price
103.80
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Bagmane Prime Office REIT is a real estate investment trust focused on owning, developing and managing premium Grade A+ office parks in Bengaluru, India, with a diversified portfolio designed to capture high-quality leasing income from multinational corporations and technology tenants. The REIT backs its portfolio with completed assets, under-construction developments, future expansion projects, hotels and renewable energy assets to enhance operational efficiency and long-term cash flow generation. Main products and services - Core assets ownership: owns and manages Grade A+ office parks in Bengaluru; provides long-term lease revenue streams from multinational corporations and global tech firms. - Asset management and property services: leasing, marketing, tenant relations, facility management, maintenance, and security across the portfolio. - Development and asset growth: under-construction and future development projects to expand leasable area and diversify income. - Ancillary infrastructure: hotels tied to the platform; renewable energy assets (solar power) integrated to support energy efficiency and potential cost savings. - Financing and capital management services: capital structuring, debt management, and distribution policies linked to REIT requirements. Latest major company changes - IPO and public listing: files and proceeds expected from an IPO to raise capital for acquisitions and growth; post-listing, aims to become a leading Indian office REIT with a larger, stabilized portfolio. This includes potential acquisitions such as premium office assets and a majority stake in strategic developments to strengthen income generation. - Portfolio expansion plans: plans to acquire premium office assets in Bengaluru, including flagship campuses and large-scale developments to broaden leasable area and tenant diversification. - Strategic alignment with Bagmane Group: leveraging the parent group's development capabilities and operational experience to accelerate asset acquisitions, development, and management efficiency. - Operational scale-up: ongoing optimization of occupancy and asset utilization with a target of high committed occupancy through partnerships with multinational and technology tenants. Additional context - Industry and segments: commercial real estate investment trust specializing in office real estate; focuses on Grade A+ office assets and related services. - Target markets: Bengaluru, India, with potential expansion within major Indian office markets as part of growth plans. - Geographic operations: primary focus on Bengaluru, India; potential cross-border or regional expansions via acquisitions. - Founding year and headquarters: established to own and manage premium office assets; headquarters located in Bengaluru, India. - Subsidiaries or parent relationships: backed by the Bagmane Group, a leading pure-play office owner and developer with extensive local experience.