Page 3 - Embassy Reit

Embassy REIT raises Rs 1,000 crore via 5-year paper to fund operations

The coupon rate on these bonds is 7.35 per cent

We've distributed Rs 4,800 cr over past 10 quarters: Embassy REIT Dy CEO

In a Q&A, Vikaash Khdloya talks about how demand is reviving in the office space segment as it comes out of the pandemic hit

Embassy REIT's net operating income grows 30% to Rs 624 crore in Q2

PAT declined 15.5% from Rs 232 crore in the September quarter last year to Rs 196 crore in the same quarter this year

Embassy REIT second quarter operating income up 30% at Rs 624 cr

Embassy REIT gave on lease 7.13 lakh square feet of office space during the second quarter of the current financial year

Nokia India renews Bengaluru office lease with Embassy REIT

Telecom gear maker Nokia India has renewed its lease agreement for 5.11 lakh square feet office space at Embassy Office Parks REIT's business park in Bengaluru

Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

Embassy REIT raises Rs 300 cr through debentures to refinance debt

Embassy Office Parks REIT on Tuesday said it has raised Rs 300 crore through issue of non-convertible debentures on a private placement basis to refinance existing debt.

Embassy REIT to raise up to Rs 300 cr via non-convertible debentures

Embassy Office Parks REIT will raise up to Rs 300 crore through issue of non-convertible debentures. The company did not disclose where the funds will be utilised. In a regulatory filing, the company informed that the board of Embassy Office Parks Management Services Pvt Ltd, the manager to Embassy Office Parks REIT, had in November last year approved the raising of debt, including the issue of non-convertible debentures, for an aggregate amount up to Rs 3,641.1 crore in one or more tranches. Out of this, Rs 2,600 crore was raised earlier as REIT NCD Series-III. On Thursday, the debenture committee of the board of directors of the manager, has approved the further issuance of 3,000 listed, rated, secured, redeemable, transferable, rupee denominated non-convertible debentures of face value of Rs 10,00,000 each, aggregating up to Rs 300 crore by Embassy REIT on a private placement basis. In January this year, Embassy REIT had raised Rs 2,600 crore through issue of non-convertible ..

Embassy REIT trading lot size to reduce from current 200 units to 1 unit

Embassy Office Parks said on Wednesday that trading lot size for Embassy REIT units on stock exchanges will be reduced to one unit from the current trading lot size of 200 units

REITs to lure investors with tax-free dividends and capital returns

Mindspace gives 90% of returns; Brookfield, Embassy to follow suit

Embassy REIT to vaccinate over 4,900 frontline staff across business parks

Embassy REIT on Friday said it plans to vaccinate over 4,900 frontline staff across its business parks

Embassy REIT, ANZ partner for 2nd govt school, to benefit 1,200 students

Embassy REIT, India's first listed REIT and the largest office REIT in Asia by area together with ANZ Banking Group, one of the world's largest multi-national banks and an occupier at Embassy Manyata Business Park, have strengthened their collaboration with the construction of a second school building, in Hegde Nagar, Bengaluru.The handover of the primary school building for Government Urdu Model Primary School will benefit over 600 plus pupils. The new building, delivered under Embassy REIT's Corporate Connect Program, was inaugurated today in the presence of V Anbukumar, Commissioner for Public Instruction, Krishna Byre Gowda, MLA - Byatarayanapura, Jitu Virwani, Chairman & Managing Director - Embassy Group and SV Venkatraman, Managing Director - ANZ Bengaluru Service Centre.The new school building spread over 15,000 sq. ft., was constructed with an investment of INR 4.50 crores. It houses 19 classrooms, a staff room, a library-cum-computer lab, a multipurpose hall, toilet ...

Brookfield India REIT sees tepid listing, debuts at Rs 279 per share

The initial public offer by Brookfield REIT got subscribed 8 times on the final day of subscription

Embassy Reit to invest Rs 2,300 cr to develop 5.7 mn sq ft office space

Says it sees an opportunity in the drop in overall supply in Bengaluru due to liquidity crunch

Embassy REIT third quarter profit declines 15% to Rs 215 crore

The firm announced Rs 2,300 crore investment over the next three years to develop nearly 6 million sq ft of commercial space

Blackstone in the final leg of talks to buy out Embassy Industrial Parks

Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)

Embassy REIT raises Rs 2,600 cr via debentures to refinance existing debt

Embassy Office Parks REIT to refinance an existing debt of its IT park 'Embassy TechVillage' in Bengaluru

Embassy Reit raises Rs 3,680 cr to fund acquisition of Embassy Tech Village

Listed in April 2019, Embassy Reit owns and operates a 33.3 million square feet portfolio

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Embassy REIT gets unitholders' approval to raise up to Rs 8,000 crore

In a regulatory filing, Embassy REIT said its unitholders have approved all the four resolutions with the requisite majority