Half-yearly valuation report for the REIT's property portfolio shared with the exchanges
Bagmane Prime Office REIT has shared its half-yearly valuation papers with NSE and BSE.
By ScoutQuest · · 2 min read
- Valuation Date
- half year ended September 30, 2026; date of valuation 30-September-2026
- Valuer
- KZEN Valtech Private Limited (IBBI/RV-E/05/2022/164), report dated October 30, 2026
- Independent Property Consultant
- Jones Lang Lasalle Property Consultants (India) Private Limited, report dated October 31, 2026
What has been shared
The manager of Bagmane Prime Office REIT, Bagmane Realty Investment Manager Private Limited, has submitted to NSE and BSE the half-yearly valuation of the REIT's assets. It is shared as a continuation of the intimation dated November 02, 2026 about the outcome of the manager's Board Meeting held the same day.
The two documents
- Annexure I: Summary and Detailed Valuation Report for the half year ended September 30, 2026, dated October 30, 2026, issued by KZEN Valtech Private Limited (IBBI/RV-E/05/2022/164). The date of valuation is 30-September-2026.
- Annexure II: Independent Property Consultant Report dated October 31, 2026, issued by Jones Lang Lasalle Property Consultants (India) Private Limited.
What the portfolio covers
Going by the contents of the valuation report, the subject properties are all in Bengaluru:
- Bagmane World Technology Centre
- Bagmane Constellation Business Park
- Bagmane Rio Business Park
- Luxor @ Bagmane Capital Tech Park
- Bagmane Tech Park
- Bagmane Cosmos Business Park
- An under-construction luxury hotel
- An under-construction upscale hotel
- Bagmane Solar Power Plants
So the valuation exercise is not limited to leased offices; it also covers hotel assets under construction and the REIT's solar power plants.
Why a REIT investor should care
A real estate investment trust earns its income from rent and from the value of the buildings it owns. A unit holder's return therefore depends on how those buildings are doing. An independent valuation is the periodic check on that value, done by a registered valuer rather than by the manager itself. Two valuers are involved here: one for the valuation report and a separate property consultant for its own report.
A point to note in the valuer's own words
The KZEN Valtech report states that in preparing it, the accuracy and completeness of information shared by the manager has been relied upon and assumed, without independent verification, while applying reasonable professional judgment. The report also states that it reflects the valuer's view as of the valuation date and is subject to change.
How to read this update
This is a periodic disclosure, the kind of document a REIT sends to the exchanges twice a year. It is not a fundraise, an acquisition, a distribution announcement or a change in management. For a unit holder, its usefulness is as a check on the property values written into the REIT's net asset value, and on the rents and assumptions the valuer worked with.
Also from Bagmane Prime Office REIT
Senior management to meet State Bank of India Life Insurance on November 06, 2026
4 Nov 2026
Audio recording of September quarter and half year earnings conference call made available
3 Nov 2026
Newspaper advertisements published for September quarter and half-year results
3 Nov 2026
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