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Embassy Office Parks REIT reports a 10% revenue increase and strong occupancy rates across India.
Embassy Office Parks REIT, India's first and Asia's largest office REIT, reported a 10% revenue increase to ₹4,039 crore and a 10% rise in net operating income to ₹3,283 crore for the fiscal year ending March 2025.
The REIT also saw an 8% increase in distributions, reaching ₹2,181 crore.
The company leased 6.6 million square feet and has an occupancy rate of 91% across its assets, with Bengaluru at 92%, Mumbai at 100%, and Chennai at 95%.
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Embassy Office Parks REIT reporta un aumento del 10% en los ingresos y una fuerte tasa de ocupación en toda la India.