Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Embassy REIT reported strong FY2026 results with revenue of ₹4,582 crores (+13%) and NOI of ₹3,760 crores (+15%), driven by expanded portfolio to 43.5 msf and 90% occupancy. They delivered a record 3.3 msf of new office space and leased 6.4 msf across 86 deals at 17% higher spreads. GCCs contributed 60% of leasing. The REIT raised ₹11,200 crores of debt, reducing in-place cost by 65 bps to 7.25%. NAV grew 16% to ₹491.62 per unit. They guided FY2027 NOI of ₹4,150-4,350 crores (+13%) and DPU of ₹27-28.60 per unit (+10%), maintaining double-digit growth trajectory. Portfolio GAV stands at ₹70,540 crores with 30% leverage.
The REIT delivered 22% total returns outperforming a declining Nifty, with strong leasing momentum and development pipeline of 6.2 msf (60% pre-leased). The upcoming hotel launches and acquisition pipeline of 12.6 msf support continued growth, though rising interest costs may create some DPU lag versus NOI in FY2027.