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Embassy REIT to invest Rs 3,800 cr in 4 years to complete construction of 61 lakh sq ft office space

To expand its portfolio, Aravind Maiya, Chief Executive Officer of Embassy REIT, said the company is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players. ....

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Embassy REIT to invest Rs 3,800 crore in 4 years to complete construction of 61 lakh sq ft office space

Embassy REIT, which is India s first publicly listed Real Estate Investment Trust (REIT), currently has 36.5 million (365 lakh) square feet of completed office space across Bengaluru, Mumbai, Pune and Delhi-NCR. ....

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Embassy Office Parks REIT: Embassy REIT to invest Rs 3,800 crore in four years, ET RealEstate

Embassy Office Parks REIT: To expand its portfolio, Embassy REIT is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players. ....

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Embassy REIT's Q4 Results: Net operating income up 13% to Rs 766 cr

Embassy Office Parks REIT on Thursday reported a 13 per cent increase in its net operating income to Rs 765.6 crore and announced distribution of Rs 494.8 crore to unit holders in the fourth quarter of the last fiscal year. Its net operating income stood at Rs 680.2 crore in the year-ago period. ....

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Embassy Office Parks REIT: Embassy REIT approves raising of debt up to Rs 2,000 crore, ET RealEstate

Embassy Office Parks REIT: The proceeds from the issuance of the instruments will be utilized for the repayment of Embassy REIT s existing debt. ....

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