Embassy Office Parks REIT News and Updates

Name: Latest research reports of Embassy Office Parks REIT authored by Geojit BNP Paribas and published by - Trendlyne research reports.
Item: Embassy Office Parks REIT
Rating: 5
Author: Geojit BNP Paribas

Keep track of all breaking news on Embassy Office Parks REIT from all sources in a single place.

Embassy Office Parks REIT

22 May 2025

387.92

-0.27%

EMBASSY OFFICE PARKS REIT

Buy: Embassy Office Parks REIT

Recommendation Target

Geojit BNP Paribas

Embassy Office Parks.. has an average target of 434.67 from 3 brokers.

Embassy Office Parks REIT

20 May 2025

387.92

-0.27%

Embassy Reit raises Rs 2,000 crore debt to refinance existing loans

Business Standard

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 per cent for a 3-year tenure. The proceeds will be used to refinance certain existing debt and will save around 77 basis points (bps) in interest costs compared to the current rate, the company said. Embassy REIT said it witnessed a robust demand from institutional investors with 11 different investors participating in the issue of NCDs (Non-Convertible Debentures). Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, " This transaction showcases Embassy REIT's fortress balance sheet and reinforces our standing as the leading credit in India's commercial real estate sector. We maintain a well-diversified and conservative debt book, and this refinancing positions us well to capitalise on future growth .

Geojit BNP Paribas upgraded Embassy Office Parks REIT to Buy with a price target of 425.0 on 22 May, 2025.

Embassy Office Parks REIT

30 Apr 2025

387.92

-0.27%

Result Update:Embassy Off.REIT

Buy: Embassy Office Parks REIT

Target

Axis Direct

With a 18% upside from the CMP, we maintain our long-term BUY rating on the stock.

Geojit BNP Paribas upgraded Embassy Office Parks REIT to Buy with a price target of 425.0 on 22 May, 2025.

Embassy Office Parks REIT

29 Apr 2025

387.92

-0.27%

Embassy Reit's Q4 FY25 NOI grows 17% amid robust leasing, rent escalations

Business Standard

This surge was fuelled by strong office demand within the Reit's key gateway markets, coupled with healthy leasing activity and rent escalations

Geojit BNP Paribas upgraded Embassy Office Parks REIT to Buy with a price target of 425.0 on 22 May, 2025.

Embassy Office Parks REIT

29 Apr 2025

387.92

-0.27%

Embassy REIT Q4 results: Net income up 17% to 892 cr, calls 538 cr payout

Business Standard

Embassy Office Parks REIT on Tuesday reported a 17 per cent increase in its net operating income to Rs 892.3 crore and declared a distribution of Rs 538.4 crore to unitholders for the quarter ended March. Its net operating income (NOI) stood at Rs 765.6 crore in the year-ago period. The company declared distributions of Rs 538.40 crore or Rs 5.68 per unit for the quarter ended March 31, 2025, to unitholders in the form of dividend and other income. The NOI for the 2024-25 fiscal rose 10 per cent to Rs 3,283.5 crore from Rs 2,981.9 crore in the preceding year. The distributions for the 2024-25 amount to Rs 2,181.1 crore or Rs 23.01 per unit. "In FY25, we leased 6.6 million square feet, delivered 2.5 million square feet of new development and acquired a 5 million square feet of high-quality asset," Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said. He said the company increased distributions by 8 per cent this fiscal and has given guidance of double-digit distribu

Embassy Office Parks.. has an average target of 434.67 from 3 brokers.

Embassy Office Parks REIT

13 Mar 2025

387.92

-0.27%

Leasing momentum to propel FY26E distribution uptick

Buy: Embassy Office Parks REIT

Target

ICICI Securities Limited

Embassy Office Parks REIT’s (Embassy REIT) overall portfolio occupancy, as of Dec’24, was 87% – including infusion of 1.4msf Splendid Techzone, Chennai asset of 1.4msf from 1 Jun’24.

Embassy Office Parks REIT is trading above all available SMAs

Embassy Office Parks REIT

30 Jan 2025

387.92

-0.27%

Result Update:Embassy Off.REIT

Buy: Embassy Office Parks REIT

Target

Axis Direct

Embassy REIT has provided strong guidance on NOI and NDCF for the next year at the midpoint. Therefore, a BUY rating is maintained with a target price of Rs 405/share, implying an upside of 11% from the current market price (CMP).

Embassy Office Parks.. has an average target of 434.67 from 3 brokers.

Embassy Office Parks REIT

17 Dec 2024

387.92

-0.27%

Embassy REIT raises Rs 1,000 cr through debentures to repay existing loans

Business Standard

Embassy Office Parks REIT has raised Rs 1,000 crore through issue of Non-convertible Debentures (NCDs) to repay its outstanding loan. In a regulatory filing on Tuesday, Embassy REIT said it has raised Rs 1,000 crore through five-year coupon-bearing debt at an interest rate of 7.73 per cent. Embassy REIT will utilise the proceeds from this debt raise to repay its certain existing debt. Through this refinance, Embassy REIT will be able to secure around 70 basis points of interest savings from the existing rate. Ritwik Bhattacharjee, Interim Chief Executive Officer, Embassy REIT, said, the company has raised this amount at a highly competitive rate. "Raising a 5-year NCD allows us to optimally stagger our liability profile and ensure we continue to finance our growth and the rollover of debt maturities prudently," he said. Embassy REIT is India's first publicly listed Real Estate Investment Trust. Embassy REIT owns and operates a 51.1 million square feet portfolio of 14 office park