Retain ‘add’ on Embassy Office Parks REIT with fair value of Rs 400/share

Retain ‘add’ on Embassy Office Parks REIT with fair value of Rs 400/share

Embassy was able to achieve 14% contractual escalations on 1.8 million sq. ft along with leasing of 0.5 million sq. ft with a spread of ~20% in 1QFY21 on re-lease/ renewals.
Check the source here –Source, Financial Express.

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