Embassy REIT Q1 Results: NOI sees 4% jump, 70% YoY growth on leasing witnessesEmbassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, achieved a net operating income (NOI) for...
25 Jul, 2024, 04.55 PM IST
Embassy REIT to invest Rs 3,800 cr in 4 years to complete construction of 61 lakh sq ft office spaceTo expand its portfolio, Aravind Maiya, Chief Executive Officer of Embassy REIT, said the company is constructing 6.1 million (61 lakh) squ...
06 May, 2024, 11.58 AM IST
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 REIT leases 8.1 million sq ft office space in FY24, surpass guidance by 35%Embassy Office Parks REIT leased 8.1 msf of office space in FY24, surpassing guidance by 35%, with GCCs driving over 65% of leasing. Occupa...
25 Apr, 2024, 07.36 PM IST
Embassy REIT's Q4 Results: Net operating income up 13% to Rs 766 crEmbassy Office Parks REIT on Thursday reported a 13 per cent increase in its net operating income to Rs 765.6 crore and announced distribut...
25 Apr, 2024, 04.17 PM IST
Embassy REIT to acquire Splendid TechZone asset in ChennaiEmbassy Office Parks REIT has agreed to acquire Embassy Splendid TechZone, a Grade-A business park, from Embassy Sponsor, for an Enterprise...
06 Apr, 2024, 06.55 PM IST
Embassy REIT plans to invest more than Rs 3,200 crore in four yearsThe REIT has also signed non-binding offer letters to buy two office buildings from Embassy Sponsor and its affiliates in Bengaluru and Che...
24 Oct, 2022, 12.31 AM IST
Embassy REIT delivers another strong quarter with 1.6 million square feet total lease in Q2FY23During the quarter, the REIT grew net operating income by13% from a year ago to Rs 703.8 cr, with an operating margin of 82%. It has also m...
20 Oct, 2022, 06.15 PM IST
Embassy Office Parks REIT leases 1.8 million sq ft across 25 dealsEmbassy Office Parks REIT has leased 1.8 million sq ft across 25 deals, including a 5.50 lakh sq ft pre-commitment from JP Morgan at Embass...
21 Jul, 2022, 06.13 PM IST
Tech firm Tekion leases over one lakh sqft office space in Bengaluru in expansion bidTekion, the innovator of the Automotive Retail Cloud® (ARC), the first and fastest cloud-native automotive retail SaaS platform, has also h...
01 Jun, 2022, 07.21 PM IST
Embassy REIT announces FY2022 results, delivers on enhanced leasing and distribution guidanceThe India’s first listed Real Estate Investment Trust (REIT) and the largest in Asia also reported an 26 per cent increase in revenues at R...
28 Apr, 2022, 04.31 PM IST
Embassy REIT to invest Rs 850 crore to develop 1.9 mn sq ft office space in BengaluruIn an interview with PTI, Embassy REIT Deputy CEO and Chief Operating Officer Vikaash Khdloya said, "We have started a new growth cycle by ...
31 Jan, 2022, 11.12 AM IST
Embassy REIT gets right of first offer for Chennai property"The acquisition, which comprises nearly 5 million sq ft of office assets in Old Pallavaram, Chennai, is expected to take around six months...
29 Jan, 2022, 07.03 AM IST