Embassy Office Parks REIT Declares Distribution for the Quarter Ended September 30, 2021, Payable on or Before November 13, 2021
October 29, 2021 at 04:26 am EDT
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Embassy Office Parks REIT announced that at its Board of Directors meeting held on October 29, 2021, declared distribution of INR 5,365.08 million /INR.5.66 per Unit for the quarter ended September 30, 2021. The distribution comprises INR. 1,080.60 million /INR. 1.14 per Unit in the form of interest, less applicable taxes, if any, INR. 2,407.65 million /INR. 2.54 per Unit in the form of dividend and INR. 1,876.83 million /INR. 1.98 per Unit in the form of proceeds of amortization of SPV level debt. The record date for the distributions to Unitholders for the quarter ended September 30, 2021 will be November 10, 2021 and the payment of distribution will be made on or before November 13, 2021.
Embassy Office Parks REIT (Embassy REIT) is an India-based real estate investment trust. Embassy REIT owns and operates an approximately 45 million square feet (MSF) portfolio of nine infrastructure-like office parks and four city center office buildings in Bengaluru, Mumbai, Pune and the national capital region (NCR). Embassy REIT's portfolio comprises approximately 34.3 MSF completed operating area and is home to over 230 companies. The portfolio also comprises strategic amenities, including four operational business hotels, two under construction hotels and a 100 MW solar park supplying renewable energy to tenants. Embassy REIT segments include Commercial Offices, Hospitality and Other segments. Embassy REIT portfolio properties include Embassy Manyata, Embassy TechVillage, Embassy One, Embassy Business Hub, Express Towers, Embassy 247, Embassy TechZone, FIFC, Embassy Quadron, Embassy Qubix, Embassy Oxygen, Embassy Galaxy, Four Seasons at Embassy One and Hilton at Embassy GolfLinks.
EMBASSY OFFICE PARKS REIT 
