Embassy Office Parks REIT’s profit dips 8% in Q1 FY21, Real Estate News, ET RealEstate

NEW DELHI: Embassy Office Parks REIT reported a dip of 8 per cent in its consolidated net profit during the first quarter of the financial year 2020-21. Its profit after tax (PAT) stood at Rs 2,042.39 million in Q1 FY21, as against Rs 2,220.37 million it registered in the corresponding quarter previous fiscal, the company […]

Embassy Office Parks REIT reports rental collections of 97% in Q1 FY21, Real Estate News, ET RealEstate

BENGALURU: Embassy Office Parks, India’s first listed real estate investment trust (REIT) and the largest in Asia by area, said on Monday its rental collections for the first quarter (April to June) from office occupiers remained robust at 97 per cent. The office rental collections were 98 per cent in April and May, and 95 […]

ANSR leases three lakh sq ft space from Embassy Office Parks in Bengaluru, Real Estate News, ET RealEstate

MUMBAI | BENGALURU: In the first major office leasing transaction since the Covid-19 outbreak, global consulting firm ANSR’s India arm has leased 300,000 sq ft space across eight floors in Embassy NXT in Bengaluru. The Dallas-headquartered company has leased the area from Embassy Office Parks’ commercial project for a tenure of 10 years to expand […]

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