INSUBCONTINENT EXCLUSIVE:
MUMBAI: Embassy Office Parks REIT has reported 16% on-year rise in net operating income for the quarter ended December to Rs 463.9 crore
crore, the company said in a release.
Embassy Office Parks Management Services, manager to Embassy REIT, has declared a distribution of Rs
6.1 per unit for the quarter
The cumulative distribution for the financial year so far totals Rs 1,350.4 crore or Rs.17.5 per unit
portfolio occupancy increased to 95.1% as on December end, an increase of 220 basis points from a year ago
Cumulative new leasing for the year so far stood at record 1.7 million sq ft.
