Embassy REIT Delivers a Power-Packed Year-8% Distribution Growth and Ambitious Double-Digit Guidance

Embassy Office Parks REIT, India's first and largest listed office REIT in Asia, announced strong financials for the fourth quarter and the financial year ended March 31, 2025. The overall distributions of the REIT stood at ₹2,181 crores for FY2025, or ₹23.01 per unit-an 8% increase from the same period last year, ahead of its own expectations.

 

For Q4 FY2025, Board declared a distribution of ₹538 crores or ₹5.68 per unit, record date May 3, 2025, and payment on or before May 9, 2025. Embassy REIT also registered 10% year-on-year growth in operating revenue of ₹4,039 crores and net operating income of ₹3,283 crores, reflecting robust demand for its best-in-class office portfolio.

 

Operational highlights comprise leasing 6.6 million square feet in 98 deals-22% above initial guidance-and adding 2.5 million square feet of new supply. In the future, Embassy REIT expects double-digit FY2026 distribution growth, guiding to a range of ₹24.50–₹26.00 per unit and aiming for occupancy of 93–94% by value.

 

Source: Business Wire