Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026
Chandigarh, India, April 30, 2025: Embassy Office Parks REIT , India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2025.
Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said,
“We’re delighted to report another excellent year for Embassy REIT as we mark six years since our listing in April 2019. In FY2025, we leased 6.6 msf, delivered 2.5 msf of new development and acquired a 5.0 msf high-quality asset. Notably, we increased distributions by 8% and are pleased to guide to double–digit distribution growth in FY2026. Our business is in excellent shape and our world-class office portfolio continues to see strong demand from leading companies across the globe.”
The Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of ₹538 crores or ₹5.68 per unit for Q4 FY2025. With this, the cumulative distribution for FY2025 totals ₹2,181 crores or ₹23.01 per unit. The record date for the Q4 FY2025 distribution is May 3, 2025, and the distribution will be paid on or before May 9, 2025.
Business Highlights
· Leased 6.6 msf across 98 deals in FY2025 including 4.0 msf of new leases, 1.6 msf of renewals and ~1 msf of pre-leases
· Global Capability Centers (GCCs) across sectors accounted for ~60% of the annual leasing activity
· Portfolio occupancy stands at 91% by value* —Bengaluru at 92%, Mumbai at 100%, and Chennai at 95%
Financial Highlights
· Grew Revenue from Operations and Net Operating Income (NOI) by 10% YoY to a record ₹4,039 crores and ₹3,283 crores, respectively
· Delivered Distributions of ₹2,181 crores or ₹23.01 per unit, up 8% YoY for FY2025; Cumulative distributions of over ₹12,000 crores since listing
· Refinanced ~₹6,300 crores debt at an average rate of 7.98%; Continue to maintain a strong balance sheet with dual AAA/Stable credit ratings
Operational & Growth Highlights
· Delivered 2.5 msf new development in Bengaluru; Current development pipeline of 6.1 msf in Bengaluru & Chennai at 18% yield on cost
· Acquired 5.0 msf premium business park in Chennai; Actively evaluating inorganic growth opportunities including ROFO assets from the Embassy Sponsor as well as other assets from third parties
· Hotel portfolio performed strongly with 63% occupancy up 7% YoY, 12% ADR growth and growth in annual EBITDA by 25%
BRITA Group Expands in India with New Bengaluru HQ
Bengaluru, April 30, 2025 — Germany-based BRITA Group, a family-owned business and global leader in drinking water optimisation, today formally announced the inauguration of its India headquarters and Global Support Center in Bengaluru. The event was led by Kelvin Mow, Senior Vice President of Asia Pacific, BRITA Group, and Rajani Hankammer, a member of the founding family. Spread over 12,000 sq. ft. and located at Embassy Manyata Business Park, the newly inaugurated office is a modern, collaborative space that fosters innovation and teamwork.
Speaking at the inauguration, Kelvin Mow, Senior Vice President of Asia Pacific at BRITA Group, said, “Asia has rightly been identified as key to BRITA Group’s future growth, as several of the largest water filtration markets are located in this region. The regional HQ in Hong Kong was the first in a series steps arising from this insight, with the new India HQ in Bengaluru being the next.”
“We know Bengaluru represents the future of India, with aspirational customers who are open to experimentation and eager to embrace new innovations. It is also one of the region’s foremost hubs for technology and related talent. That’s why we chose to set up a Global Support Center here, with initial focus areas being IT and infrastructure,” he added.
“Proudly family-owned, BRITA has been driving innovation in the global drinking water optimisation market—starting with the first-ever mobile filter for domestic use in 1966. Travelling across Asia, I have observed that each country in this region has unique water consumption needs and preferences—and I’m sure India does as well. We will continue to invest in understanding the evolving Indian consumer better, to ensure we have the right strategy for this high-growth, high-potential market,” said Rajani Hankammer, Shareholder and member of BRITA Group’s promoter family.
An elated Prashant Dayal, Managing Director, BRITA India, said, “I am truly grateful to the Hankammer family and the regional management for their continued, long-term commitment to India and their significant investments in its evolution and growth. The new office marks the next chapter in BRITA’s journey here. Our goal is to deepen market penetration and rapidly expand access to BRITA’s high-quality water solutions. Expect a slew of product introductions and marketing campaigns in the near future.”
Axis Finance launches Disha Home Loans for EWS and LIG homebuyers
Chandigarh, April 29, 2025: Axis Finance Limited (AFL), one of India’s fastest-growing non-banking financial companies (NBFCs), today announced the launch of Axis Finance Disha Home Loans on the auspicious occasion of Akshaya Tritiya. The product is aimed at catering to the needs of aspiring homebuyers from the Economically Weaker Section (EWS) and Low-income Group (LIG) segments.
Disha Home Loans aim to provide customized home loan solutions across various geographies, with a seamless experience throughout the loan lifecycle – backed by best-in-class talent and agile systems to ensure speed in execution and responsiveness to customer needs
This product caters to a diverse range of employment types, covering the entire spectrum of salaried (resident & NRI) and self-employed customers. It addresses the needs of individuals who have formal, semi-formal or informal income documents and are looking for financial assistance. The loan can be availed for the purchase of ready / under-construction / resale property, plot + construction, self-construction, home renovation / extension and more.
Speaking on the launch, Sai Giridhar, MD & CEO, Axis Finance, said, “The launch of ‘Axis Finance Disha Home Loans’ on the auspicious occasion of Akshaya Tritiya reflects our commitment to making home ownership more accessible. This product aims to empower individuals from economically weaker sections by bridging the financial gap and in making their dream of owning a home a reality. This is in line with the government’s relentless efforts to enhance access to housing finance in this segment. Disha Home Loans provide a wide range of customised solutions to meet the diverse needs of customers across geographies.”
He further added, “We aim to provide solutions that customers are looking for, along with superior service and transparency in our dealings. Technology and data science will be our backbone as we enter different markets across the country. Providing easy access to housing finance with a seamless experience will be our focus.”
Axis Finance has a long and successful presence in secured mortgage products with existing systems, processes, technology, talent, underwriting capabilities and a strong distribution.
85-Year-Old Dialysis Patient Survives Massive Brain Haemorrhage
Mumbai / Kolkata, April 29, 2025 – At an age when most people are expected to slow down, an 85–year–old man has redefined what it means to fight for life. Frail in appearance but strong in spirit, the long-term dialysis patient arrived at Manipal Hospitals, Dhakuria, unconscious and battling an acute brain haemorrhage—his survival chances slim. Yet today, he is awake, speaking, and standing with support, preparing to return home. His story is a powerful testament to modern medicine, multidisciplinary teamwork, and the unyielding will to live, proving that age, however advanced, is no longer a limit to recovery.
A known hypertensive with prior cardiac stenting and chronic kidney disease (stage 5 dialysis–dependent), and a history of seizure-related hospitalizations, the patient had already weathered numerous health storms. His condition took a sudden and alarming turn when he lost consciousness at home. On arrival, doctors noted that one of his pupils was dilated — an ominous sign — prompting immediate action.
Upon arrival at the hospital, a CT scan revealed a massive acute subdural haemorrhage—an internal brain bleed that had plunged him into a coma. Given his critical condition, compounded by chronic kidney disease requiring regular dialysis and the use of antiplatelet medication, which is known to significantly heighten bleeding risks, the outlook was bleak. Nevertheless, after extensive discussions with the family, the medical team decided to fight for his life.
Led by Dr. Nirup Datta, Consultant – Neurosurgery, high-risk, two-hour decompressive craniotomy was performed the same day under the observance of Dr. Ritesh Kauntia, Consultant, Nephrology, Transplant Physician, and Dr. Prakhar Gyanesh, Consultant, Anaesthesiology.
“The surgery was a race against time,” said Dr. Nirup Datta, Consultant – Neurosurgery, Manipal Hospital, Dhakuria, who led the neurosurgical team. “There were so many variables stacked against him. Given his advanced age, chronic kidney disease, dual antiplatelet therapy, and poor neurological status, the surgery carried extreme risks. However, we believed he deserved a fighting chance, so we gave it everything. Luckily, the patient’s family also supported our decision after we explained the risks to them. We removed a large clot and preserved the bone flap in his abdomen for future replacement.”
The days following surgery were fraught with complications. The patient developed a serious infection and went into septic shock, requiring intensive critical care, close renal monitoring, and advanced antibiotic support. A tracheostomy was considered but ultimately avoided, thanks to his gradual improvement and successful early extubation—a crucial milestone in reducing recovery time and complications.
Dr. Ritesh Kauntia, Consultant – Nephrology, Transplant Physician, Manipal Hospital, Dhakuria stated, “Managing dialysis in such a critically ill patient was extremely challenging. His kidneys needed ongoing support, even as his body fought the infection and trauma. Close coordination between the neurology, nephrology, and critical care teams ensured continuity of care at every step. Despite the odds, the patient slowly began to show signs of progress—first regaining consciousness, then following simple commands, and later attempting to speak. With sustained physiotherapy and medical support, he regained enough strength to sit up and stand with assistance.”
Dr. Prakhar Gyanesh, Consultant, Anaesthesiology, stated, “Because of his chronic kidney disease and dialysis dependency, we could only administer about a third of the usual medications safely. Managing this delicate balance between treating his brain injury and protecting his kidneys was immensely challenging — but essential. Despite all limitations, his spirit pulled him through.”
Despite his frailty and high risk of re-bleeding (due to antiplatelet medications), the patient recovered enough to stand with support and breathe spontaneously without assistance. He was discharged after 14 days with a structured homecare plan: ongoing dialysis thrice weekly, regular physiotherapy, and scheduled follow-ups. A second surgery to replace the bone flap is planned after two months, once his condition stabilizes further. This extraordinary case stands as a beacon of hope for families of elderly patients, showcasing that even the most fragile lives can bounce back with the right care.
Dia Mirza’s Everyday Climate Rituals Go Viral in This AI-Powered Campaign with Tata Tea Jaago Re
Chandigarh, April 30, 2025: Ever wondered what an eco-conscious Bollywood star cooks up in her kitchen? This month, it’s not just delicious meals but also a recipe for climate action, Dia Mirza teams up with Tata Tea Jaago Re. The campaign showcases how simple, everyday choices can collectively create a significant positive impact on the environment.
Forget elaborate initiatives – Dia is opening her home to show how easy it is to make a difference. “It’s all about those small shifts,” Dia shares. “Like simply putting a lid on your pot while cooking – it saves more energy than you think!” (As revealed in her recent campaign video.)
Teaming up with Tata Tea Jaago Re, Dia is excited to be a part of a refreshing initiative. “We are all feeling the effects of climate change. This initiative personalizes the fight, allowing us to see the difference we’re making. That gives me hope, and I want everyone to feel empowered to act.”
With her signature grace and grounded charm, Dia is making climate action look cool — and she’s urging her fans to join the movement, one eco-snap at a time.
The secret ingredient? An AI–powered climate calculator on JaagoRe.com. Snap a photo of your green action (covering that pot, choosing public transport, etc.) and upload it. The AI quantifies your CO₂ savings, providing instant gratification and motivation. Plus, for every 10 green actions logged, a tree gets planted in your name.
Dia sums it up: “It all starts with small actions done regularly. With the help of Jaago Re, we can start making a difference and leave behind a better world.” As she shares in the campaign, “Every small action counts… because collectively, they can create a big impact and help us improve the future for our children.” And the best part? “Thanks to Tata Tea Jaago AI, I can see the impact of my green actions – and that’s what gives me hope.”