Search result for 'embassy reit'

Embassy REIT and BMRCL have signed a deal for the construction of Kadubeesanahalli Metro Station on the ORR line in Bengaluru. The station will be named 'Embassy TechVillage Kadubeesanahalli Metro...

Simpliwork Offices, a flexible workspace provider, has leased 1.5 lakh sq ft in Bengaluru to meet rising demand for hybrid work models. The company is poised for significant growth with revenues...

Embassy Office Parks REIT reported a 9% increase in net operating income to Rs 829 crore and a 13% rise in distributions to unitholders at Rs 559 crore in Q3 FY24.

Embassy REIT has leased 2.07 lakh sq ft office space in Bengaluru to cybersecurity firm Rubrik, signaling strong demand for premium workspaces.

Embassy Office Parks REIT has leased 2.07 lakh sq ft of office space in Bengaluru to Rubrik, indicating strong demand for premium workspaces.

Embassy REIT raises Rs 1,000 crore through NCDs to repay existing loans, aiming for interest savings. The REIT will utilize the proceeds for debt repayment and financing growth.

Embassy Office Parks REIT appoints Ritwik Bhattacharjee as interim CEO, following Sebi's order to suspend CEO Arvind Maiya. Bhattacharjee was the Chief Investment Officer at Embassy REIT.

Embassy REIT CEO Aravind Maiya steps down following SEBI's order to suspend him based on an NFRA ruling related to Coffee Day Enterprises audit lapses.

Embassy Office Parks REIT reported a 12% increase in net operating income to Rs 804.6 crore for Q2 FY25. The company also announced a distribution of Rs 553 crore to unitholders.

Embassy Office Parks REIT raises Rs 2,000 crore debt to repay non-convertible debentures maturing in October 2024. The company plans to utilize the funds for refinancing and strategic growth.

Indian REITs Association launches Data Benchmarking Institutions (DBIs) to provide detailed information on REITs, enhancing transparency for investors.

Embassy REIT signs an 8 lakh sq ft lease agreement with Commonwealth Bank of Australia in Bengaluru, marking its largest built-to-suit project.

Embassy Office Parks REIT reports a 3% increase in its net operating income to Rs 757.5 crore for Q1 FY25. The REIT also announced a distribution of Rs 530.8 crore to unitholders.

Experts say the reduction of the holding period for REITs to 12 months will broaden the investor base, enhancing liquidity and attracting short-term investors.

Embassy REIT expands its office portfolio with the acquisition of a 50 lakh sq ft business park in Chennai for Rs 1,185 crore, funded by debt and internal accruals.

Embassy Office Parks REIT plans to invest Rs 3,800 crore over 4 years to complete construction of 6.1 million sq ft office space in Bengaluru, driven by strong demand for premium workspace.

Embassy Office Parks REIT reports 13% rise in Q4 net operating income to Rs 765.6 crore, declaring Rs 494.8 crore distribution to unit holders. Learn more about its performance and future plans.

Embassy REIT expands its portfolio with the acquisition of Embassy Splendid TechZone in Chennai for Rs 1,269 crore, marking its entry into the city's real estate market.

Embassy REIT expands into Chennai, acquiring a business park for Rs 1,269 crore. The company plans to raise Rs 2,500 crore to finance the acquisition and reduce leverage.

Blackstone has sold its entire 23.5% stake in Embassy Office Parks REIT for ₹7,100 crore to various investors, including Capital Group, ICICI Prudential MF and SBI Mutual Fund.

Blackstone has sold its entire 23.5% stake in Embassy Office Parks REIT for Rs 7,100 crore to various investors, including Capital Group, ICICI Prudential MF, and SBI Mutual Fund.

Blackstone has sold its entire 23.5% stake in Embassy Office Parks REIT for Rs 7,100 crore, marking a significant exit from the Indian REIT market. The deal was executed through open market...

Blackstone has exited Embassy Office Parks REIT, selling its entire 23.5% stake for Rs 7,100 crore through a block deal. SBI Mutual Fund is a new investor.

Blackstone plans to sell its entire 24% stake in Embassy Office Parks REIT for around Rs 7,000-7,500 crore through a block deal on stock exchanges.

New rules allowing demarcation of non-processing areas in IT/ITeS SEZs are expected to boost office space demand, benefiting developers and occupiers. The move will help fill vacancies and attract...