Embassy Office Parks REIT

🏢 Embassy REIT FY2026: Record 6.4M SF Leased, Revenue Up 13% YoY

• Leased 6.4M SF across 86 deals in FY2026

• Notable deals: Cognizant (645,000 SF), Global Healthcare Co. (328,000 SF), WeWork India (217,000 SF)

• Revenue grew 13% YoY to ₹4,582 Cr

• NOI increased 15% YoY to ₹3,760 Cr

• Record 3.3M SF of new office space delivered in FY2026

• Development pipeline: 6.2M SF under construction (23% pre-committed) + 2.8M SF proposed

• Launched 518-key dual-branded Hilton hotel at Embassy TechVillage

• FY2027 guidance: NOI ₹41,500–43,500M, DPU ₹27.00–28.60 per unit

• Occupancy guidance: 95%-96% for FY2027

• Total portfolio occupancy: 90% as of March 2026

• Gross Asset Value: ₹70,540 Cr

• Distribution per unit: ₹25.28 for FY2026