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Embassy Office Parks REIT declares INR 613 crore distribution for December quarter

#Taxation & Finance News#India
Last Updated : 9th Feb, 2026
Synopsis

Embassy Office Parks REIT has announced a distribution of INR 613 crore to unitholders for the quarter ended December 2025, supported by strong income growth and sustained leasing momentum across its office portfolio. Revenue from operations rose 17 per cent year-on-year to INR 1,193 crore, while net operating income increased 19 per cent to INR 985 crore during the quarter. The REIT delivered a per-unit distribution of INR 6.47, marking a 10 per cent annual increase. During the period, Embassy REIT also raised INR 400 crore through commercial paper at an effective annual rate of 6.44 per cent, reflecting disciplined balance sheet management. The performance was underpinned by robust demand from global capability centres and continued portfolio expansion through selective acquisitions.

Embassy Office Parks REIT has declared a distribution of INR 613 crore to its unitholders for the quarter ended December 2025, reflecting improved operating performance and steady leasing activity across its office assets. The REIT said revenue from operations increased 17 per cent year-on-year to INR 1,193 crore during the October-December quarter, while net operating income (NOI) rose 19 per cent to INR 985 crore.


The quarterly distribution translated to INR 6.47 per unit, representing a 10 per cent increase compared to the corresponding period last year. The higher payout was supported by stronger cash flows, improved occupancy levels and continued tenant demand across key office markets. During the quarter, Embassy REIT also raised INR 400 crore through a commercial paper issuance at an effective interest rate of 6.44 per cent per annum, underlining its access to short-term funding at competitive rates.

According to the company, leasing activity remained a key driver of performance. Embassy REIT recorded 4.6 million sq ft of leasing on a year-to-date basis between April and December 2025, benefiting from sustained demand from global capability centres (GCCs) across its gateway markets. The REIT also reported its highest-ever quarterly revenue and NOI during the period, reflecting both leasing momentum and stable rental collections.

Chief Executive Officer Amit Shetty said the December quarter marked another strong performance for the REIT, supported by disciplined financial execution and portfolio growth initiatives. He highlighted that the REIT announced its first third-party acquisition during the year, signalling a focus on expanding through income-accretive assets that enhance portfolio quality and long-term value creation.

Embassy Office Parks REIT owns and operates over 50 million sq ft of office space across major Indian office markets, including Bengaluru, Mumbai, Pune, the National Capital Region and Chennai. The company continues to prioritise balance sheet strength, stable distributions and selective acquisitions as it navigates evolving demand trends in the commercial office sector.

Source - PTI

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