Bengaluru (Karnataka) [India], April 27 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2023. Vikaash Khdloya, Chief Executive Officer of Embassy REIT, said, "Despite global macro volatility, we're very pleased to achieve our highest ever leasing of 5.1 msf across a record 100 deals. India remains the world's preferred offshoring destination and continues to attract global businesses looking for skilled talent and low costs, and we're well positioned to benefit from this secular trend. Backed by our clear strategy to create long-term value for our investors and our fortress balance sheet, we continue to make significant growth investments to our now 45 msf world-class portfolio." The Board of Directors of Embassy Office Parks Management Services Private Limi
Bangalore (Karnataka) [India], January 25 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, reported results today for the third quarter ended December 31, 2022. The Board of Directors of Embassy Office Parks Management Services Private Limited ('EOPMSPL'), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of Rs 5,033 million or Rs 5.31 per unit for Q3 FY2023. The record date for the Q3 FY2023 distribution is 03 February, 2023, and the distribution will be paid on or before 09 February, 2023. Vikaash Khdloya, Chief Executive Officer of Embassy REIT, said, "Amidst a highly volatile global macro environment, Embassy REIT delivered yet another strong quarter of business performance. Our 4.4 msf year-to-date leasing remains robust, we've accelerated our highly accretive 6.6 msf development growth, and we
Bengaluru (Karnataka) [India], October 11 (ANI/BusinessWire India): Embassy Office Parks REIT ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, has successfully achieved a Five-Star rating in the Occupational Health and Safety review conducted by British Safety Council. Embassy REIT initiated this review as a best practice, and the result demonstrates its continued commitment towards health and safety management systems to support its occupiers and their employees across its 42.8msf portfolio. Mike Robinson, CEO British Safety Council, said, "Embassy REIT's office parks represent one of the leading commercial real estate portfolio in India to have achieved a five-star rating. The award is an outstanding achievement and is reflective of a proactive organisation which is committed to continual improvement in its health and safety arrangements and managing risks to workers' health, safety and well being." Vikaash Khdloya