Bagmane Prime Office REIT is positioning itself for long-term expansion as it prepares to launch its ₹3,405 crore IPO on May 5.
Beyond its existing 20.3 million sq ft portfolio, the REIT has a right-of-first-offer (ROFO) pipeline exceeding 47 million sq ft—one of the largest among Indian office REITs.
The platform also includes renewable energy assets with 164.4 MW solar capacity and two under-construction hotels, diversifying its income streams.
Backed by Bagmane Realty and Infrastructure LLP, the REIT is focused on premium Grade A+ office developments in Bengaluru’s key micro-markets.
The IPO, priced at ₹95–₹100 per unit, includes both fresh issuance and OFS by a Blackstone affiliate, with ₹850 crore already committed by strategic investors.
