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EMBASSY 247
Embassy REIT bets on growth amid debt, leasing strength: Amit ShettyEmbassy Office Parks REIT raised ₹9,800 crore debt at low rates, targeting growth and refinancing. Strong leasing, embedded redevelopment, ...- Iran-Israel war: India issues emergency helplines for citizens across West AsiaIndian embassies across West Asia have issued new advisories for citizens. They urge vigilance and adherence to local safety guidelines. Th...
- Indian missions in Gulf advise nationals to 'exercise utmost caution' after joint US-Israel strikesIndian embassies in the UAE, Saudi Arabia, and Jordan have urged citizens to be cautious. This follows a joint US-Israel attack on Iran. In...
- Embassy REIT raises Rs 2,000 crore through first-ever 10-year NCD issuanceEmbassy Office Parks REIT raised ₹2,000 crore through India’s first 10-year NCD by a REIT, marking a milestone in REIT debt markets. Procee...
- Embassy Office Parks REIT raises Rs 1,000 crore via debt refinancingEmbassy Office Parks REIT raised Rs 1,000 crore through a 5-year NCD issuance at 7.73% interest. The funds will be used to refinance existi...
- Embassy REIT raises Rs 2,000 crore debtEmbassy REIT, India’s first listed REIT, has raised Rs 2,000 crore debt at a 7.95% interest rate to repay its NCDs maturing in October 2024...
- Embassy Office Parks REIT upgrades leasing guidance to 6.5 mn sq ft of office space in FY24The firm has recorded the highest ever leasing of 2 million sq ft across 25 deals, encompassing 1.2 mn sq ft of new leases and 7 lakh sq ft...
- SMFG India Credit expands presence with strategic office lease at Embassy 247 in MumbaiSumitomo Mitsui Financial Group's Indian subsidiary, SMFG India Credit, has signed a lease agreement for 194,000 square feet of office spac...
- This is how long you will have to wait for a US visa appointment right nowWhile the wait times in Mumbai and Kolkata have dropped below a year, applicants opting for Chennai may still need to wait for almost two y...
- India showed fastest recovery in occupancy in the APAC region: Hilton President"We are mindful of opening new properties in India but will continue to grow with the right partner. In January and March, India recovered ...
- Abu Dhabi art gallery owner has a sideline business: Trading COVID-19 vaccinesMuzaleva wrote a proposal to the Czech ambassador to the United Arab Emirates, reviewed by Reuters and dated Feb. 24, offering to procure a...
- After Market: PNB, Idea jump; 70 stocks enter oversold zoneMidcaps and smallcaps reflected bearish sentiment, as their sectoral indices fell up to 0.36%.
- Blackstone teams up with Embassy Group for India's first REITWith this, India will join the league of global REIT markets such as the US, the UK, S'pore, Australia & Canada.
- Blackstone to put Pune IT Parks sale on hold, may add to REITBlackstone had put its BlueRidge SEZ and IT SEZ in Hinjewadi area of Pune up for sale. Investment bank Morgan Stanley is the exclusive advi...
- Blackstone to list its office assets in REIT with embassyThe Blackstone-Embassy alliance is expected to raise around $1 billion (.`6,850 crore) through this issue, which will be India’s maiden REI...
- WeWork India Inks Lease Deals for 1.7 lakh sq ft in MumbaiOut of total newly leased space, nearly 1 lakh sq ft is in Blackstone Group’s commercial complex 247 Park in Mumbai’s eastern suburb Vikhro...
- Private equity investments in realty tops $5 billion in 2015Private Equity Real Estate (PERE) firms deployed over $5 billion in Indian real estate companies and projects – the highest since the finan...
- Two mild tremors recorded around KathmanduWith this, a total of 248 aftershocks of over 4 magnitude were recorded since the April 25 earthquake.
- Pension, sovereign funds eye Mumbai’s commercial complexThe deal, expected to be valued over Rs 1,000 crore, indicates the rising appetite for incomeproducing office properties.
- Embassy forays into hospitality sector, ties up with HiltonHilton Bangalore Embassy GolfLink is an upscale, full service hotel located within the Embassy GolfLink Business Park.
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