Embassy Office Parks REIT has informed the Exchange regarding Full Valuation report subsequent to material development FY ended 2025-26
Awaiting price reaction for this filing.
Embassy Office Parks REIT has submitted two independent valuation reports to BSE for 376,000 sq ft of leasable office space (Blocks 1A & 1B and Block A-2) in Embassy Manyata Business Park, Bangalore. The property has been valued at ₹5,239 million (approximately ₹524 crore) as of June 30, 2025. The valuation was done by Ms. L Anuradha (IBBI registered valuer) and iVAS Partners, with independent reviews by Cushman & Wakefield and CBRE South Asia respectively. The purpose of the valuation is the proposed disposition of the property by Manyata Promoters Private Limited, which is a related party transaction connected to the original formation transaction of the REIT in March 2019. The filing has been made as a full valuation report following a material development during FY 2025-26.
This is a routine disclosure related to a property sale by the REIT's sponsor (Manyata Promoters Private Limited). Unitholders should note that this involves a related party transaction and the valuation establishes the market benchmark for the disposition. The actual transaction terms and impact on unitholder value will depend on the final sale price negotiated with the buyer.