Embassy REIT raises Rs 7.5 bn through NCDs

10 Sep 2020 CW Staff

Embassy Office Parks REIT (Embassy REIT) has successfully raised Rs 7.5 billion by way of a private placement of non-convertible debentures (NCD). These debentures will mature in September 2023.

The NCD will be listed on the wholesale debt market of the BSE and they are rupee-denominated, rated, secured, redeemable and transferable.

The board of the Embassy Office Parks Management Services Private Limited (EOPMSPL, Manager to the Embassy REIT) on August 14 had approved the proposal of raising an aggregate of Rs 2 billion via issuance of non-convertible debentures in one or more tranches. With this approval, the aforementioned fund became the second one to be raised through the NCD route.

The volatility of the present bond markets has not stopped embassy REIT to raise financing at competitive rates thus, pointing towards their strong financial health.

Embassy Office Parks REIT is India’s first publicly listed REIT. It was listed in April 2019. It is also the largest in Asia by area. Embassy REIT owns and runs a portfolio of seven infrastructure-like office parks and four city center office buildings across office markets in Bengaluru, Mumbai, Pune, and the National Capital Region (NCR) spanning 33.3 million square feet.

On September 2 FTSE ERA Nareit Global Real Estate Index announced that Embassy REIT will be included in this Index as well.

The FTSE EPRA Nareit Global Real Estate Index Series is an international real estate investment index designed to track the performance of the listed real estate companies in developed as well as emerging countries. The index is jointly managed by the European Public Real Estate Association (EPRA), Financial Times stock exchange group (FTSE) and National Association of Real Estate Investment Trusts (NAREIT). The parameters used by the index for screening include liquidity, size and revenue.

Reportedly the inclusion into this prominent real estate benchmark for global investors will further enhance the REIT’s profile, increase its trading liquidity, broaden its unit holder register and deepen the pools of capital that can potentially invest in the REIT.

Embassy Office Parks REIT (Embassy REIT) has successfully raised Rs 7.5 billion by way of a private placement of non-convertible debentures (NCD). These debentures will mature in September 2023.The NCD will be listed on the wholesale debt market of the BSE and they are rupee-denominated, rated, secured, redeemable and transferable.The board of the Embassy Office Parks Management Services Private Limited (EOPMSPL, Manager to the Embassy REIT) on August 14 had approved the proposal of raising an aggregate of Rs 2 billion via issuance of non-convertible debentures in one or more tranches. With this approval, the aforementioned fund became the second one to be raised through the NCD route.The volatility of the present bond markets has not stopped embassy REIT to raise financing at competitive rates thus, pointing towards their strong financial health.Embassy Office Parks REIT is India’s first publicly listed REIT. It was listed in April 2019. It is also the largest in Asia by area. Embassy REIT owns and runs a portfolio of seven infrastructure-like office parks and four city center office buildings across office markets in Bengaluru, Mumbai, Pune, and the National Capital Region (NCR) spanning 33.3 million square feet.On September 2 FTSE ERA Nareit Global Real Estate Index announced that Embassy REIT will be included in this Index as well.The FTSE EPRA Nareit Global Real Estate Index Series is an international real estate investment index designed to track the performance of the listed real estate companies in developed as well as emerging countries. The index is jointly managed by the European Public Real Estate Association (EPRA), Financial Times stock exchange group (FTSE) and National Association of Real Estate Investment Trusts (NAREIT). The parameters used by the index for screening include liquidity, size and revenue.Reportedly the inclusion into this prominent real estate benchmark for global investors will further enhance the REIT’s profile, increase its trading liquidity, broaden its unit holder register and deepen the pools of capital that can potentially invest in the REIT.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..