Dealer’s name: Embassy REIT (Add)
Goal: ₹415 CMP: ₹716.75 Embassy Workplace Parks REIT (Embassy REIT) clocked Q1-FY25 NOI of ₹770 crore (down marginally q-o-q) and NDCF of ₹530 crore with distribution of ₹5.6/unit. Total portfolio occupancy as of Jun’24 remained flat q-o-q at 85 per cent, together with infusion of 1.4msf Splendid Techzone, Chennai asset of 1.4msf from June 1. … Read more