News

REIT - An alternative investment class Equity as an asset class comes with its set of high risks and volatile earnings. Yes, there is a very large element of multiple returns but the number of stocks which turn out to be multi-baggers is a low single digit from the universe. Fixed deposit is another asset class which gives just the coupon rate and at times when the economy does well, fails to return the rising cost of inflation. Real estate comes with its mystique and is an asset class which has high returns but is cyclical, ...
REIT - An alternative investment class
REIT - An alternative investment class
Source: IANS
11/04/2023 5:40:35 PM
Buy Embassy Office Parks REIT Ltd For Target Rs. 442 - ICICI Securities Resilient show The Embassy Office Parks REIT (Embassy REIT) delivered a resilient Q2FY23 performance with office portfolio occupancy levels remaining flat QoQ at 87% and NOI increasing 4% QoQ to Rs7.0bn. The REIT manager had given guidance for 5.0msf of leasing in FY23 vs. 2.2msf in FY22 (including 1.2msf of pre-commitments and 1.7msf lease-up of vacant area). In H1FY23, the REIT manager has achieved total leasing of 3.4msf (1.3msf of renewals, 1.1msf of pre-commitments and 1.0msf of vacan...
Buy Embassy Office Parks REIT Ltd For Target Rs. 442 - ICICI Securities
Buy Embassy Office Parks REIT Ltd For Target Rs. 442 - ICICI Securities
Source: ICICI Securities
27/10/2022 2:09:43 PM
Buy Embassy Office Parks REIT Ltd For Target Rs.415 - ICICI Securities On the cusp of a rebound The Embassy Office Parks REIT (Embassy REIT) delivered a resilient Q2FY22 performance with rental collections of over 99% (similar to FY21) and portfolio occupancy remaining flat QoQ at 88.5%. While possible fresh tenant exits of 0.9msf in H2FY22 remain a near-term dampener, with the REIT manager indicating a near-term leasing pipeline of 0.5msf and RFPs of 14.5msf in the Bengaluru office market, we maintain our view of a full recovery of occupancies to pre-Covid l...
Buy Embassy Office Parks REIT Ltd For Target Rs.415 - ICICI Securities
Buy Embassy Office Parks REIT Ltd For Target Rs.415 - ICICI Securities
Source: ICICI Securities
2/12/2021 12:04:57 PM
Key News - Cairn Energy, Videocon Industries Ltd, TVS Motor Company Ltd, Embassy Office Parks, Piramal Enterprises Ltd By ARETE Securities Key News Cairn Energy to drop cases against India, accepts $1-billion offer Cairn Energy Plc on Tuesday said it was ready to withdraw all cases it had slapped against the Indian government for enforcing a $1.2-billion arbitration award the company had won in December 2020. This is part of the settlement under recent legislation by Parliament. Also, Vedanta, which had bought Cairn Energy’s erstwhile subsidiary Cairn India in 2011, is likely to withdraw arbitration it had filed in ...
Key News - Cairn Energy, Videocon Industries Ltd, TVS Motor Company Ltd, Embassy Office Parks, Piramal Enterprises Ltd By ARETE Securities
Key News - Cairn Energy, Videocon Industries Ltd, TVS Motor Company Ltd, Embassy Office Parks, Piramal Enterprises Ltd By ARETE Securities
Source: ARETE Securities Ltd
8/09/2021 9:35:48 AM
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities Key News Reliance's cheap JioPhone can unleash a credit revolution across the globe A smartphone widely believed to be priced below $50, likely the world’s cheapest, will start selling a week from now. If Mukesh Ambani’s JioPhone Next, an Android device custom-built for India by Alphabet Inc.’s Google, is a hit in the price-conscious market, it will solve one problem for banks while posing another. With the country’s remaining 300 million featurephone users g...
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities
Key News - Reliance Jio, Bank of India Ltd, Life Insurance Corporation of India, Embassy Office Parks, Reliance Retail By ARETE Securities
Source: ARETE Securities Ltd
3/09/2021 9:17:03 AM
Buy Embassy Office Parks Ltd For Target Rs.415 - ICICI Securities On the cusp of a rebound The Embassy Office Parks REIT (Embassy REIT) delivered a resilient Q1FY22 performance with rental collections of 99% (similar to FY21) and portfolio occupancy remaining flat QoQ at 88.8%. While possible fresh tenant exits of 1.2msf remain a near-term dampener, we build in a gradual recovery from H2FY22E with a full recovery in FY23E. We believe that the REIT’s low leverage (net debt/TEV of 0.23x) and marquee tenant profile will enable the REIT to deliver 1...
Buy Embassy Office Parks Ltd For Target Rs.415 - ICICI Securities
Buy Embassy Office Parks Ltd For Target Rs.415 - ICICI Securities
Source: ICICI Securities
2/09/2021 11:29:33 AM
Buy Embassy Office Parks REIT Ltd For Target Rs. 415 - ICICI Securities Standing tall in tough times The Embassy Office Parks REIT (Embassy REIT) delivered a resilient performance in FY21 in a Covid impacted year with a NOI growth of 12% and NDCF distribution of Rs21.5/unit. In spite of COVID-19 headwinds which led to FY21 occupancies declining by 300-500bps in key assets, the REIT achieved 99% collection efficiency in office rentals and achieved contracted rental increases of 13% on 8.4msf of area in FY21. Owing to the second Covid wave in India, the Embassy ...
Buy Embassy Office Parks REIT Ltd For Target Rs. 415 - ICICI Securities
Buy Embassy Office Parks REIT Ltd For Target Rs. 415 - ICICI Securities
Source: ICICI Securities
4/08/2021 11:46:11 AM
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities Key News Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter Communication services firm Route Mobile on Wednesday posted a 27.44 per cent jump in consolidated profit after tax to Rs 34.3 crore for the first quarter ended June 30, 2021, according to the company's regulatory filing. The company had registered a profit of Rs 26.9 crore in the corresponding quarter a year ago. During the latest quarter, the tax department asked Route Mobile to pay goods and s...
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities
Key News - Route Mobile Ltd, Embassy Office Parks, ICRA, Happiest Minds Technologies Ltd, Century Textiles and Industries Ltd, JM Financial by ARETE Securities
Source: ARETE Securities Ltd
29/07/2021 9:19:31 AM
Embassy Office Parks Q4 net profit jumps 50.33% at Rs 117.45 cr The company reported standalone net profit of Rs 117.45 crore for the quarter ended March 31, 2021 as compared to Rs 78.13 crore in the same period last year, registering a year-on-year growth of 50.33 per cent. Net revenue of the company rose triple digit by 119.52 per cent at Rs 508.08 crore in January-March quarter of this fiscal as against Rs 231.45 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 239.67 per cent to Rs 231.55 cr...
Embassy Office Parks Q4 net profit jumps 50.33% at Rs 117.45 cr
Embassy Office Parks Q4 net profit jumps 50.33% at Rs 117.45 cr
Source: Dion Global Solutions Ltd
30/04/2021 2:16:16 PM
Embassy REIT - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Embassy REIT - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Embassy Reit reported numbers in line market expectation, this quarter NOI grew by more than12% with operating margins of 86%. Company has simplified its holding structure also thereby the tax free component of distribution increased to 78% in Q4FY21, this quarter the embassy announced the dividend of ₹2.21, capital repayment of ₹2.15 and intere...
Embassy REIT - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Embassy REIT - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
30/04/2021 11:50:47 AM
Embassy Office Parks REIT Ltd : Share of dividend to rise going ahead - ICICI Securities Buy Embassy Office Parks REIT Ltd For Target Rs.400 Share of dividend to rise going ahead As per an exchange announcement, The Embassy Office Parks REIT (Embassy REIT) has received approval from the National Company Law Tribunal (‘NCLT’) in relation to its composite scheme of arrangement among its entities that restructures and simplifies the ownership of key portfolio assets, including Embassy Manyata, Bengaluru and Embassy TechZone, Pune. Post the expected completion of c...
Embassy Office Parks REIT Ltd : Share of dividend to rise going ahead - ICICI Securities
Embassy Office Parks REIT Ltd : Share of dividend to rise going ahead - ICICI Securities
Source: ICICI Securities Ltd
9/03/2021 9:54:01 AM