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 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
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 Group leases out 85,000 sq ft to Acsia Technologies in TrivandrumThe new facility can accommodate more than 1,000 new employees, reinforcing Trivandrum’s position as one of South India’s preferred busines...
18 Apr, 2022, 04.24 PM 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
Allianz Group leases 4.63 lakh sq ft in Embassy Taurus TechZone“This also reaffirms our commitment to further grow in this location that’s home to over 5,500 Allianz employees and remains one of the sin...
18 Jan, 2022, 03.44 PM IST
Embassy REIT receives regulatory approval for simplifying the holding structure of Embassy ManyataEmbassy REIT had initiated the scheme to simplify its holding structure by reducing the shareholding tiers and to increase the dividend com...
06 Mar, 2021, 01.42 PM IST
Embassy Taurus TechZone sets up prefabricated office space in ThiruvananthapuramThe 800-seat incubation facility is designed to assist businesses with beginning work and getting up to speed, prior to their office spaces...
17 Feb, 2021, 07.43 PM IST
Embassy Office Parks REIT reports 10% jump in NOI for Q2India’s first listed Real Estate Investment Trust (REIT) and the largest in Asia in terms of area reported increase of 4 percentage in reve...
02 Nov, 2020, 11.25 PM IST
Embassy REIT raises Rs 750 crore via NCDsThe funds raised will be used to drive growth through on-campus development projects and the recently announced acquisition of Embassy Many...
27 Oct, 2020, 02.27 PM IST
Embassy REIT to acquire property maintenance business from Embassy GroupThe proposed acquisition will be funded through coupon bearing debt at REIT level. Acquisition consideration is at 8.5% discount to average...
22 Oct, 2020, 11.57 AM IST
Kerala to increase IT park space to 2.3 crore square feet“As a priority sector, the government is giving emphasis on creating a necessary social milieu and basic infrastructure in the IT sector, a...
12 Oct, 2018, 08.36 PM IST
PE firm Blackstone inks India’s biggest commercial real estate acquisition dealBlackstone has inked a deal which will give it 50% stake in a Bangalore builder-owned portfolio of 3 biz parks for $200 mn.
18 Oct, 2012, 10.12 AM IST