Updated:
Market Value
Outer Ring Road, Bangalore
PropShare Platina is the first scheme launched by Property Share Investment Trust (PSIT), India’s first registered Small and Medium REIT. We are the first listed SM REIT in India and believe that our first scheme - PropShare Platina offers investors an opportunity to invest in a six floors of a high-quality Grade A asset, Prestige Tech Platina, located on Outer Ring Road, Bengaluru – one of the largest office markets in the country. The property has a leasable area of 246,935 square feet and is fully leased to a US-based tech company on a 9-year lease. The scheme offers a projected distribution yield of 9.0%.
Prestige Tech Platina is located along the main IT corridor on the Outer Ring Road, the largest office market in Bangalore with an office stock of 87.1 msf.
The unit is spread across 6 floors totalling 246,935 sq.ft
| Particulars | FY26 | FY27 | FY28 |
|---|---|---|---|
| Net distributions to Investors (in INR) | 31.69 Cr. | 30.79 Cr. | 30.21 Cr. |
| Yield (%) | 9.0% | 8.7% | 8.6% |
| Post-Tax Yield | 8.2% | 8.2% | 8.2% |
The NDCF for PropShare Platina Scheme has been presented for the asset proposed to be owned by the PropShare Platina scheme as per draft offer document and statutory audit report.
