Embassy Office Parks REIT has informed the Exchange regarding Notice of Annual General Meeting scheduled to be held on 02/07/2025
Awaiting price reaction for this filing.
Embassy Office Parks REIT has informed exchanges that its Manager's Board has approved the Annual Report for FY2024-25 and the convening of the 7th Annual Meeting of Unitholders on Wednesday, July 2, 2025 at 11:00 AM IST at Four Seasons Hotel, Bengaluru (also via video conferencing). The Board also took on record the Detailed Valuation Report dated June 5, 2025 by independent valuer Ms. L Anuradha with Cushman & Wakefield providing property consultant review. Key FY25 highlights include revenue of ₹40,389 mn (up 10% YoY), NOI of ₹32,835 mn (up 10%), and total distributions of ₹21,811 mn — the first year of 8% distribution growth since listing. The REIT leased 6.6 msf across 98 deals with 87% portfolio occupancy and 51.1 msf total area. NAV per unit stood at ₹423.22, up 5%.
Routine procedural filing for the AGM, but the accompanying FY25 results signal strong operational momentum — revenue, NOI, and distributions all grew double-digit to high-single-digit, with FY26 guidance pointing to double-digit distribution growth, which is positive for unitholders.