Embassy Office Parks REIT has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Embassy Office Parks REIT submitted its Annual Full Valuation Report and Annual Report for FY ended March 31, 2025, to the stock exchanges. The board approved the 7th Annual Meeting of Unitholders for July 2, 2025. Key FY25 highlights include revenue from operations of ₹40,389 million (10% YoY growth), Net Operating Income of ₹32,835 million (10% YoY growth), and total distributions of ₹21,811 million (8% YoY growth — the first year of distribution growth since listing). The portfolio spans 51.1 msf across 14 office parks and city-centre buildings in Bengaluru, Mumbai, Pune, Chennai, and NCR, with 87% occupancy and 6.6 msf leased during the year. Gross Asset Value rose 10% to ₹611,632 million, while NAV per Unit grew 5% to ₹423.22.
This is a routine regulatory disclosure with positive operational results. The 8% distribution growth (first since listing) and double-digit distribution growth guidance for FY26 should be supportive for the unit price. The 5% NAV per Unit accretion reflects healthy asset valuation appreciation.