August 2025 – Property World Global

2.0 msf leased this quarter across 25 deals; highest-ever Q1 leasing • Chennai sees strong pre-leasing with over 500k square feet leased at Embassy Splendid TechZone • Revenue up 13% YoY to ₹1,060 crores; Net Operating Income rises 15% YoY to ₹872 crores • Raised ₹4,225 crores of debt at a blended coupon of 7.18% • Entered binding documents for divestment of ~376k square feet of two strata owned blocks at Embassy Manyata in Bengaluru Bengaluru, India, July 31, 2025 Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the first quarter ended June 30, 2025. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We are delighted to report a strong start...

Friday, Aug 01, 2025 10:08:34 -Bengaluru, Karnataka, India- Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (Embassy REIT), India’s first listed REIT and the largest office REIT in Asia by area, today announced the appointment of Amit Shetty as Chief Executive Officer, effective August 1, 2025. Amit is currently the Chief Operating Officer of Embassy REIT. He has played an instrumental role in building Embassy REIT’s business into India’s foremost commercial office enterprise. Amit joined Embassy REIT in 2021 from CBRE, where he spent 14 years. Ritwik Bhattacharjee, the current CEO, will serve as Senior Advisor to the REIT. Jitu Virwani, Chairman, Embassy Group, said, “We thank Ritwik for leading the REIT as Interim CEO, and the role he’s played in Embassy REIT’s success ove...

Month: August 2025

Embassy REIT Leases Record 2.0 Million Square Feet in Q1 FY2026

Embassy REIT Appoints Amit Shetty as Chief Executive Officer