The divestment of nearly 376,000 sq ft at Embassy Manyata is expected to boost distribution per unit and support Embassy REIT's capital recycling strategy
Parvez Qazi and Vasudev Ganatra, research analysts at Nuvama, expect Embassy REIT to clock a DPU compound annual growth rate (CAGR) of 13 per cent over FY25-28E on the back of strong office demand
Embassy REIT leased 1.5 million sq ft of office space across 20 deals in Q2FY26, including 1 msf of new leases, 0.4 msf of renewals, and 64,000 sq ft of pre-leases in Chennai, driving occupancy to 93%