NEW DELHI: Embassy Office Parks REIT announced a 15% rise in its net operating income (NOI), reaching ₹927 crore for the second quarter of this fiscal year.
The company’s revenue from operations increased by 13% year-on-year, totaling ₹1,124 crore for the July-September quarter, as per a regulatory filing.
The Board of Directors of Embassy Office Parks Management Services Pvt Ltd declared a distribution of ₹617 crore, or ₹6.51 per unit, to unitholders for the second quarter of this fiscal year.
The record date for this distribution is November 8, 2025, with payments scheduled on or before November 14, 2025.
In the September quarter, the company leased 1.5 million square feet, which included 1 million square feet in new leases, 0.4 million square feet in renewals, and 4,000 square feet in pre-leases in Chennai.
“Bengaluru led the demand, accounting for over 85% of Q2 leases. Chennai also showed strong demand, driven by sustained interest from GCC in our newly acquired asset in a key micro-market,” the company stated.
Embassy REIT is India’s first publicly listed Real Estate Investment Trust (REIT), managing a portfolio of 50.8 million square feet, across 14 office parks in Bengaluru, Mumbai, Pune, the National Capital Region, and Chennai.
The portfolio includes 40.9 million square feet of completed operating area, along with strategic amenities such as four operational business hotels, two hotels under construction, and a 100 MW solar park.
