Embassy REIT’s unitholders approve fundraise of up to Rs 3,000 crore through QIPThe resolutions passed will help Embassy REIT to fund the acquisition and will also help the REIT to optimize its balance sheet for future ...
29 Apr, 2024, 05.59 PM IST
Embassy Office Park shares fall 5% on Blackstone Group's likely exit via block dealThe shares however, pared their losses as the session proceeded and at 11:20 the Embassy Office was down by 0.22% and was trading at Rs 335...
20 Dec, 2023, 12.27 PM IST
Stocks in news: Embassy REIT, Nippon AMC, BPCL, Apollo TyresGlobal private equity firm Blackstone Group plans to sell its entire stake in Embassy Office Parks REIT through a mega block deal on Wednes...
20 Dec, 2023, 07.10 AM IST
Blackstone likely to exit Embassy Office Parks REIT via block deal on Wednesday: ReportThe floor price for the sale has been set at Rs 310 a share, and Kotak Mahindra Capital and IIFL Capital are the advisors to the mega deal....
19 Dec, 2023, 06.51 PM IST
REITs remain a good tool for retail investors; HNIs may have to pay more tax“The repayment of debt is one of the ways for REITs to distribute their income which prior to this Budget was not taxable. But in this year...
13 Feb, 2023, 09.24 AM IST
Embassy REIT Q3 Results: Operating income grows 13% YoY to Rs 704.9 crThe revenue for Q3 was reported at Rs 865 crore as against Rs 741 crore, up 17%.
25 Jan, 2023, 10.58 PM IST
Blackstone in talks with Bain to sell $480 million stake in top Indian REIT, sources sayA deal would mark U.S.-based Bain's first REIT investment in India where office space is drawing in investors as many workers have returned...
24 Jan, 2023, 12.52 PM IST
Embassy REIT set to gain as demand for office space risesA real estate investment trust (REIT) offers a steady return visibility with zero tax on distribution income. Embassy’s stock trades at 6.2...
28 Sep, 2022, 06.20 AM IST
Embassy REIT falls 2% as over 8% equity changes hands via block dealIn September 2021, the global private equity major had sold around a 6 per cent stake in Embassy Office Parks to raise around $275 million....
27 Sep, 2022, 12.09 PM IST
American Balanced Fund offloads 2.9 crore shares of Embassy Office Parks REIT worth Rs 1,046 croreThe shares were disposed of at an average price of Rs 357.61 apiece, taking the transaction size to Rs 1,046.45 crore.
18 Aug, 2022, 10.04 PM IST
I-T dept conducts searches in premises linked to Embassy Group in Bengaluru, Gurgaon, MumbaiThe income tax department is also searching premises of Indiabulls Real Estate in Mumbai's Bandra-Kurla Complex (BKC) and Gurgaon area in t...
02 Jun, 2022, 07.49 AM IST
Embassy REIT appoints leasing co-heads, gears up for anticipated office demand revivalEmbassy REIT concluded over 40 new lease deals during FY2021, including prominent global occupiers across six sectors, and achieved spreads...
16 Jun, 2021, 01.55 PM IST
Brookfield is said to push ahead with India REIT IPO by year endThe debut of Embassy Office Parks REIT last year marked the nation’s first such listing as the regulator kept tweaking rules to make the ve...
07 Nov, 2020, 09.34 AM IST
Bumper listing of 2nd REIT to encourage more builders to tap route, say expertsThe participation of retail investors will also increase in future REITs, enabling them to earn dividend income from fully leased and liste...
07 Aug, 2020, 05.24 PM IST
Brookfield considering $1 billion REIT listingBrookfield owns 22 million square feet of office properties in India, according to its website.
19 Dec, 2019, 09.23 PM IST
Embassy Office Parks to raise Rs 3,000 crore via debenturesEmbassy Office Parks Management Services is an investment manager of Embassy Office Parks REIT.
03 May, 2019, 02.23 PM IST
5 companies firming up plans to raise $10 billion via REITsThe realty sector has garnered a whopping Rs 8,000 crore in the last fortnight alone.
08 Apr, 2019, 04.10 PM IST