News for Embassy Office Parks REIT (EMBASSY.BO)

Indian markets ended sharply lower on Thursday, with Sensex down 645 points and Nifty losing 204 points, as global concerns and US tax bill discussions triggered profit booking. Analysts flagged weak near-term technical trends and expect further correction if key supports break.

Embassy Office Parks REIT has raised Rs 2,000 crore debt to refinance its existing borrowings and save interest cost. In a regulatory filing on Tuesday, Embassy REIT informed that the company has raised Rs 2,000 crore of coupon-bearing debt at an interest rate of 7.21% for a 3-year tenure.

Embassy Office Parks REIT raised Rs 2,000 crore via NCDs to refinance existing debt at a lower interest rate of 7.21%. The move will reduce interest costs and reflects the REIT's ongoing strategy to optimize capital structure.

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

Indias four REITs distributed Rs 6,070 crore in FY25, marking 13% YoY growth, supported by robust leasing demand and rising investor confidence. Their combined portfolio now spans 128.9 million sq ft, with market cap exceeding Rs 98,000 crore.

Distributions: Increased by 8% to INR2,181 crores for FY2025.Leasing Activity: 6.6 million square feet leased during the year, exceeding guidance by 22%.Portfo

Apr 29, 2025 / 01:00PM GMTOperator Good evening everyone. A very warm welcome to all for Embassy REIT fourth quarter FY2025 earnings conference call. Currently

Embassy Office Parks REIT reports strong financial performance with 15% revenue growth, increased distributions, and double-digit growth guidance for FY2026.

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Embassy Office Parks REIT had its allotment of commercial papers worth Rs 675 crore approved by the debenture committee of its board of directors on Monday, it communicated in an exchange filing.The yield for the papers is 7.075% and they are planned to list on the Wholesale Debt Market Segment of BSE Ltd.

Infosys BPM has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months, with monthly rentals set at Rs 55 per sq ft. The deal includes 127 car parking slots and maintenance charges, reflecting the growing trend of GCCs and BPMs driving commercial realty demand in IT hubs.

The maturity of Indian REITs is drawing significant domestic and foreign institutional investments into the commercial real estate sector. The high net office space absorption in 2024 and the launch of new REITs are propelling demand, enhancing asset quality, and promoting professional management.

Embassy Office Parks REIT offers strong dividend yield, capital appreciation potential and steady rental growth in commercial leasing space

Embassy Office Parks REIT aims for over 90% portfolio occupancy by FY26E with 10% NOI growth, Buy rating at ₹429.

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

This is Blackstone’s fourth REIT IPO in India after Nexus Select Trust REIT, Embassy Office Parks, and Mindspace Business Parks.

This will be the second largest REIT in Asia by size and the largest in India based on the gross asset value.

Embassy Office Parks REIT invests ₹100 crore in developing Kadubeesanahalli Metro Station, enhancing connectivity in Bengaluru's ORR corridor.

DLF Ltd and GIC consider IPO for DLF Cyber City Developers Ltd instead of REIT due to regulations.