Embassy Office Parks REIT News and Updates

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

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Embassy Office Parks REIT

29 Apr 2021

399.44

0.53%

Embassy REIT income rises 12 pc to Rs 2,032 cr in FY21

Moneycontrol

The Board of Directors of Embassy Office Parks Management Services Pvt Ltd, Manager of Embassy REIT, declared a distribution of Rs 530.8 crore or Rs 5.6 per unit for the quarter ended March.

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

Embassy Office Parks REIT

28 Apr 2021

399.44

0.53%

Embassy Reit subscribes to WELL portfolio programme for safe office buildings

livemint

The WELL Portfolio programme by the International WELL Building Institute (IWBI) aims to create healthier office buildings and business ecosystems in the country

Embassy Office Parks REIT is trading above all available SMAs

Embassy Office Parks REIT

18 Mar 2021

399.44

0.53%

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

Business Standard

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...

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

Embassy Office Parks REIT

06 Mar 2021

399.44

0.53%

Embassy REIT gets regulatory approval for simplifying ownership of key portfolio assets

Business Line

Embassy Office Parks REIT (Embassy REIT), a publicly listed REIT company, has announced that it has received approval from the National Company Law T

Embassy Office Parks REIT is trading above all available SMAs

Embassy Office Parks REIT

12 Feb 2021, 06:44PM

399.44

0.53%

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

Business Standard

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

Embassy Office Parks REIT is trading above all available SMAs

Embassy Office Parks REIT

12 Jan 2021, 12:02PM

399.44

0.53%

Embassy REIT board approves raising up to Rs 2,600 crore via NCDs

Moneycontrol

The debenture committee of the board of directors of the Embassy Office Parks Management Services has approved the issuance of 26,000 listed, rated, secured, redeemable, transferable, rupee denominated NCDs of face value of Rs 10 lakh per debenture, aggregating up to Rs 2,600 crore by Embassy REIT on a private placement basis, it said in a regulatory filing.

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

Embassy Office Parks REIT

22 Dec 2020

399.44

0.53%

Embassy Reit raises $501 mn to fund acquisition of Embassy Tech Village

Business Standard

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

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

Embassy Office Parks REIT

17 Nov 2020

399.44

0.53%

Embassy Reit to acquire Embassy TechVillage in Bengaluru for $1.3 bn

Business Standard

This is the largest single property commercial deal in the country

Embassy Office Parks REIT is trading above all available SMAs

Embassy Office Parks REIT

03 Nov 2020

399.44

0.53%

Result Update:Embassy Off.REIT

Buy: Embassy Office Parks REIT

Recommendation

Axis Direct

The record date for the distribution would be Nov. 10, 2020. We recommend BUY with a DCF based target price of Rs 390 (14% upside). Resurfacing of Covid cases and extended lockdown remain key risks to our assumptions