NEW DELHI: Embassy Office Parks REIT on Friday announced a 30% increase in its net operating profit to Rs 621.3 crore for the quarter ended December 2021 and announced the distribution of Rs 493 crore to unitholders . Michael Holland, CEO of Embassy REIT, said the company’s performance was strongRead More →
Embassy Office Parks REIT, Asia’s largest office property investment trust by area, sees no significant impact from Omicron cases or the rise in Covid, either on rentals or absorption (of offices) . In fact, the company – India’s top listed REIT – says it is “on track” with its FY22Read More →
BQ Blue’s special research section brings together in-depth and quality research reports on stocks and the economy from top Indian brokers, asset managers and research agencies. These reports provide BloombergQuint subscribers with the opportunity to deepen their understanding of businesses, industries, and the economy. Nirmal Bang research report We interactedRead More →
Insiders were net buyers of Embassy Office Parks FPI (NSE: EMBASSY) stock during the past year. That is, insiders bought more shares than they sold. While we never suggest that investors should base their decisions solely on what the directors of a company have done, we would consider it foolishRead More →
The High Court overturned a ruling that a change in the use of part of a building in Dublin for new offices for the Israeli embassy requires a building permit. The fifth floor of 23 Shelbourne Road in Ballsbridge, which is designated in the town’s development plan as a “generalRead More →
Michael Holland, managing director (CEO) of Embassy Office Parks REIT, said on Wednesday there was a slight increase in leasing. Holland also said rentals had returned to pre-COVID-19 levels in key markets like Bangalore. The real estate developer posted earnings for the quarter ended September largely in line with estimates.Read More →
The large groups of shareholders of Embassy Office Parks REIT (NSE: EMBASSY) have power over the company. Institutions often own shares in more established companies, while it is not uncommon to see insiders owning a good number of smaller companies. I generally like to see some degree of insider ownership,Read More →
NEW DELHI: Embassy Office Parks REIT (Embassy REIT) announced a 30% increase in its net operating income to Rs 624 crore, with 85% NOI margin, the company said in a BSE filing. Its operating income was Rs 735.20 crore in the second quarter of FY22, up 36% from the RsRead More →
NEW DELHI: Embassy Office Parks REIT (Embassy REIT) has raised Rs 4,600 crore in debt bearing coupons at an interest rate of 6.5%. The proceeds of this increased debt will be used by Embassy REIT to repay its existing zero coupon bond of Rs 4,530 crore. The Debenture Committee approvedRead More →
Embassy Office Parks REIT announced that it has been awarded a 4-star rating (out of 5 stars) in the 2021 Real Estate Assessment by GRESB, the world’s leading ESG benchmark for real estate and infrastructure investments. In its first year of participation, Embassy REIT achieved Green Star status and anRead More →