Embassy REIT posts record Q3 revenue, 13% jump in distributions

Embassy REIT posts record Q3 revenue, 13% jump in distributions

[The Hindu BusinessLine] - 01/29/2025

The REIT leased 1.1 million square feet across 21 deals in Q3, with Global Capability Centers (GCCs) accounting for approximately 70% of the leasing activity; portfolio occupancy stood at 90% by value, with key markets Bengaluru, Mumbai, and Chennai achieving occupancy levels exceeding 90%



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