India had no listed REITs till about 2 years ago and as of March 2021, we have 3. Embassy Office Parks REIT, MindSpace and the most recent entrant – Brooksfield. Of the 3, Embassy has completed 2 years of listing now since its launch in March 2019. You can read an initial write up on […]
Update: Embassy REIT 2QFY2021 is down
I began coverage of Embassy Office Parks REIT in July 2020 with an idea to understand REITs in general as well as the specific investment opportunity. Using the annual report of FY2020 as the basis, it appeared then that the REIT stood strong against COVID headwinds. Loaded with Commercial Grade A properties occupied by bluechip […]