Embassy REIT outflanks higher financing rates with debenture issue
Embassy Office Parks REIT (Embassy REIT) has successfully raised INR10,500 million in coupon-bearing non-convertible debentures. Embassy REIT will utilise the…
Despite DESH Bill snags, Mindspace REIT optimistic on office demand
Delays faced by India’s Development of Enterprise and Services Hub (DESH) Bill has resulted in challenging conditions for India-listed REITs.…
India’s first retail malls-heavy REIT soars 4.26% on BSE debut
Data on Nexus Select Trust is now in the India REITs table. India’s first retail-heavy REIT, Nexus Select Trust, finished…
Mindspace REIT banks on demand for ‘experiential office’ spaces
Data from Mindspace REIT's latest disclosure has been updated into the India REITs table. Mindspace Business Parks REIT (Mindspace REIT)…
Embassy REIT reports 11% income growth for 4Q 2023
Embassy REIT has declared a distribution per unit (DPU) of INR5.61 for its 4Q 2023. With this, the REIT’s cumulative…
Embassy REIT expands presence in Bangalore with INR3,348 million acquisition
Embassy REIT is acquiring Embassy Business Hub for INR3,348 million (USD41 million). The asset is a 59-acre campus-style business park,…
Embassy REIT allocates INR3 billion towards ESG programme
Embassy Office Parks REIT (Embassy REIT) has committed over INR3 billion to enhance its environmental, social, and corporate governance (ESG)…
Embassy REIT secures INR10,000 million loan from Bajaj Housing Finance
Embassy Office Parks REIT (Embassy REIT) has raised a term loan of INR10,000 million from Bajaj Housing Finance Limited. The…
Embassy REIT prepares for foray into new market in 2023
Embassy Office Parks REIT (Embassy REIT) remains upbeat over its prospects in 2023, but it is now taking steps to…
Indian REITs mull next steps in wake of tax changes
REITs and infrastructure investment trusts (InvITs) listed in India are now mulling the next move, in the wake of impending…