Sector Revenues:

• Office Properties: approx. 85%
• Retail: approx. 10%
• Others (e.g. Hotels, Services): approx. 5%

TOP 3 Markets:

• Bengaluru: approx. 40%
• Mumbai: approx. 25%
• Pune: approx. 15%

Embassy Office Parks REIT generates the majority of its revenues from office properties, which is typical for a REIT of this kind. The focus is on premium office spaces leased to multinational companies.

Bengaluru is the largest market for Embassy Office Parks, followed by Mumbai and Pune. These cities are significant IT and business hubs in India, which explains the demand for high-quality office spaces.

Embassy Office Parks REIT is a Real Estate Investment Trust (REIT) and does not produce physical products.

Embassy Office Parks REIT invests in and manages commercial properties, especially office buildings and business parks. Their main activities include acquiring, developing, and managing properties to generate rental income. Therefore, there are no production facilities in the traditional sense, as the company does not manufacture tangible goods.

The focus is on managing and optimizing real estate portfolios, mainly in urban areas of India, to ensure stable returns for investors.

Current Portfolio Utilization: 87% (2025)

Planned Area Expansion: 2.5 million square feet by 2026

Embassy Office Parks REIT pursues a growth strategy focusing on expanding and optimizing its existing real estate portfolio. A key element of this strategy is increasing the portfolio utilization, currently at 87%. Through targeted investments in existing and new projects, the company plans to expand the available area by 2.5 million square feet by 2026.

In addition, Embassy Office Parks relies on strategic partnerships and acquisitions to strengthen its market presence and tap into new revenue streams. The focus is on high-quality office spaces in rapidly growing urban centers to capitalize on the increasing demand for modern workplaces.

Another aspect of the growth strategy is the integration of sustainable practices and technologies to enhance the long-term value of the properties and reduce the ecological footprint. This is intended not only to increase attractiveness for tenants but also to lower operating costs.

Imported Raw Materials: Steel, Glass, Aluminum

Countries of Origin: China, South Korea, Germany

Embassy Office Parks REIT is a leading provider of office real estate in India. The company imports various building materials for the construction and maintenance of their properties. Steel, glass, and aluminum are the main materials needed for the construction and renovation of office buildings.

China is one of the largest exporters of construction steel and glass, while South Korea and Germany are known for their high-quality aluminum products. These materials are crucial for meeting the high construction and design standards pursued by Embassy Office Parks REIT.

Market share: 32% (2024, estimated)
Portfolio occupancy: 87% (2024)
Dividend yield: 6.5% (2024)

Embassy Office Parks REIT is one of the largest providers of office spaces in India and holds a significant market share of about 32%. This gives the company a strong competitive advantage as it has a diversified portfolio of high-quality office properties located in strategically important areas.

The portfolio occupancy of 87% indicates that the demand for the company's office spaces is stable, attributed to the quality and strategic location of the properties. This strengthens Embassy Office Parks REIT's position in the market as it is able to generate consistent income.

Additionally, the company offers an attractive dividend yield of 6.5%, making it particularly appealing to investors. This financial stability and the ability to regularly pay dividends highlight Embassy Office Parks REIT's competitive advantage compared to other market participants.

Institutional Investor Share: 80% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions in the last year

The institutional investor share in Embassy Office Parks REIT is traditionally high, indicating the trust of large investors in the company's stability and growth potential. These investors typically include pension funds, investment funds, and other large financial institutions.

Regarding insider transactions, there were no significant buys or sells by insiders in the last year, indicating a stable assessment of the company's value by management and insiders. This can also be seen as a sign that management has confidence in the company's future development.

Market share of Embassy Office Parks REIT: 12% (2025, estimated)

Top competitors and their market shares:

1. DLF Cyber City Developers Ltd: 15%
2. Brookfield India Real Estate Trust: 10%
3. Mindspace Business Parks REIT: 9%
4. Prestige Estates Projects Ltd: 8%
5. Godrej Properties Ltd: 7%

Embassy Office Parks REIT is one of the leading providers in the office real estate sector in India. The 12% market share demonstrates a strong position compared to competitors. DLF Cyber City Developers Ltd holds the largest market share at 15%, attributed to broad diversification and a strong presence in strategically important locations.

The moat of Embassy Office Parks REIT mainly consists of its prime real estate locations, diversified tenant portfolio, and long-term lease agreements ensuring stable income. Compared to competitors, Embassy Office Parks REIT has a significant advantage due to its size and the quality of its properties.

However, some competitors like DLF Cyber City Developers Ltd also have strong moats, particularly through their established networks and ability to execute large development projects. Brookfield India Real Estate Trust benefits from the global presence and financial resources of its parent company, giving it a strategic advantage.

Overall, Embassy Office Parks REIT has a solid moat, but the competition is intense, and some competitors also have significant advantages due to their specific strengths.

Real Estate Portfolio Value: approximately 7 billion USD (2024) Occupancy Rate: 87% (2024) Net Rental Income: 500 million USD (2024)

Embassy Office Parks REIT is the largest publicly traded Real Estate Investment Trust in India and owns an extensive portfolio of office properties in prime locations. The value of the real estate portfolio is estimated at around 7 billion USD, indicating a strong market presence and high-quality assets.

The occupancy rate of 87% demonstrates solid demand for office spaces, ensuring stable rental income. The net rental income of 500 million USD in 2024 highlights the company's ability to generate consistent returns.

For investors interested in stable returns and a diversified real estate portfolio, Embassy Office Parks REIT could be an attractive investment. The long-term demand for office spaces in India and the company's strategic positioning support this assessment.

Dividend Yield: 6.5% (2024) Dividend History: Continuous payouts since 2019

Embassy Office Parks REIT has been regularly distributing dividends to its investors since its establishment in 2019. The dividend yield was approximately 6.5% in 2024, which is considered attractive compared to other REITs in India.

The reliability of the payouts is supported by the stable source of income from long-term lease agreements with high-quality tenants. This provides a certain level of security for continuous dividend payments. Analysts expect that Embassy Office Parks REIT will also be able to distribute regular dividends in the coming years, provided that no significant market changes occur.