Friday October 18, 2019 01:22

Properties Press Release : 13 Aug 2019

Photo Release: Empire Tower Building won BSA Building Safety Award for 2 consecutive years. Properties—13 Aug 19

Mr.Waroonthep Watcharaporn, Head of Commercial, along with the management team of Empire Tower Building of Asset World Corporation has once again been awarded the Gold Level BSA Building Safety Award 2019 at BMAM EXPO 2019. Empire Tower is Asset World

Embassy Office Parks REIT Announces First Quarter FY 2019-20 Reports Quarterly Distribution of Rs 4,167 Million Properties—13 Aug 19

BENGALURU, India--13 Aug--PRNewswire/InfoQuest
Embassy Office Parks REIT (NSE: Embassy) (BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest in Asia by area, reported results today for the first quarter ended June 30, 2019.
Distribution

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 quarterly distribution of Rs 4,167 million or Rs. 5.4 per Unit. The record date for the distribution is August 21, 2019 and the distribution will be paid on or before August 27, 2019.

Michael Holland, Chief Executive Officer of Embassy REIT, said, "We are delighted to announce our first quarter results post listing on April 1, 2019 and our first distributions as a publicly listed REIT. We had a strong start to FY2019-20 with both Revenue from Operations and Net Operating Income (NOI) up 19% Year over Year (YoY). This was achieved through our underlying commitment to provide world class and customized office space solutions to corporate occupiers. Our performance also reflects the quality and scale of our portfolio, which continues to deliver impressive organic growth. We have a strong base of low-volatility assets with significant market-to-market potential, a de-risked development pipeline, an

taka HAUS by Sansiri and Tokyu now ready to transfers this 1618 Aug. plus all-inclusive Sansiri Properties—13 Aug 19

Senior Vice President of Project Development Department of Sansiri Public Company Limited Mr. Ongart Suwannakul, General Manager and Representative in Thailand for Tokyu Corporation Co., Ltd. (Japan) Mr. Shinji Suyama, the executives of the contracted