Embassy Reit's Q4 FY25 NOI grows 17% amid robust leasing, rent escalations

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Embassy Reit's Q4 FY25 NOI grows 17% amid robust leasing, rent escalations - Business Standard

Quick Summary:

The Reit's Ebitda for the reported quarter also saw an 11 per cent Y-o-Y increase, reaching ₹843 crore.

The Reit's portfolio maintained a strong occupancy by value of 91 per cent across its key markets of Bengaluru, Mumbai and Chennai during FY25.

The Reit also made strides in its development pipeline, delivering 2.5 msf of new developments in Bengaluru during FY25 and currently holds a pipeline of 6.1 msf across Bengaluru and Chennai, targeting an 18 per cent yield on cost.