Embassy Office Parks REIT - 542602 - Resolution Passed By Circulation By The Debenture Committee Of The Board Of Directors Of The Manager Of Embassy Office Parks REIT On September 04, 2023
Embassy Office Parks REIT has informed the Exchange regarding the resolution passed by circulation by the Debenture Committee of the Board of Directors of the Manager of Embassy Office Parks REIT on September 04, 2023. Embassy Office Parks REIT - 542602 - Resolution Passed By Circulation By The Debenture Committee Meeting Of The Board Of Directors Of The Manager Of Embassy Office Parks REIT On August 28, 2023
Embassy REIT has informed the Exchange regarding the resolution passed by circulation by the Debenture Committee of the Board of Directors of the Manager of Embassy REIT on August 28, 2023. Embassy Office Parks REIT - 542602 - Outcome Of The Debenture Committee Meeting Of The Board Of Directors Of The Manager Of Embassy Office Parks REIT Held On August 23, 2023
Embassy REIT has informed the Exchange regarding the outcome of the Debenture Committee Meeting of the Manager of Embassy Office Parks REIT held on August 23, 2023. Embassy Office Parks REIT - 542602 - Participation In Motilal Oswal Annual Global Investor Conference (August 21, 2023)
Embassy REIT has informed the Exchange regarding participation in Motilal Oswal Annual Global Investor Conference on August 21, 2023 Embassy Office Parks REIT - 542602 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Embassy REIT has informed the Exchange regarding a press release on August 10, 2023. Embassy Office Parks REIT - 542602 - Hosted A Meeting With Retail Investors In Lucknow On August 02, 2023
Embassy REIT has informed the Exchange about a meeting with retail investors in Lucknow on August 02, 2023 Embassy Office Parks REIT - 542602 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Embassy REIT has informed the Exchange regarding the transcript of the Earnings Conference Call held on July 26, 2023. Embassy Office Parks REIT - 542602 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Embassy REIT has informed the Exchange regarding the newspaper advertisement for the quarter ended June 30, 2023. Embassy Office Parks REIT - 542602 - Recording Of The Earnings Conference Call For The Quarter Ended June 30, 2023.
Embassy REIT has informed the Exchange regarding the recordings of the Earnings Conference Call held on July 26, 2023. Q1FY24 Quarterly Result Announced for Embassy Office Parks REIT
Embassy Office Parks REIT announced Q1FY24 results: Leases 1.1 msf across 22 deals; 407k sf of new leasing at 68% re-leasing spreads Portfolio optimization on track with SEZ denotification strategy activated and Embassy Manyata occupancy reaching 91% Delivers distributions of Rs 510 crore or Rs 5.38 per unit Guides FY24 with a record 6.0 msf of total leasing and distributions in the range of Rs 20.50 to Rs 22.00 per unit Same-store occupancy remains stable at 87% Grew net operating Income by 9% YoY to Rs 738 crore with commercial office segment margins at 85% Delivered distributions of Rs 510 crore or Rs 5.38 per unit, marking the 17th consecutive quarter of 100% payout Raised Non-Convertible Debentures (NCDs) totalling Rs 2,075 crore at an average rate of 7.8%; secured 146 bps proforma savings; Rs 15,350 crore debt book remains highly competitive at 7.28% average cost Aravind Maiya, Chief Executive Officer of Embassy REIT, said, “We are delighted to deliver another strong quarter across all our business and financial parameters. As India continues to be a favoured global investment destination, Embassy REIT’s world-class portfolio continues to attract global multinationals seeking to capitalize on India’s skilled talent pool. Our ability to raise capital to fund our growth initiatives is demonstrated by our repeated debt raises at industry-leading rates. Given our strong leasing pipeline of 2 msf comprised mainly of GCCs, a clearer interest rate outlook, and our consistent focus on optimizing our operational and development portfolio, we are pleased to guide FY24, which includes 6 msf of total leasing and distributions guidance in the range of Rs 20.50 to Rs 22.00 per unit.” Result PDF