Embassy REIT's ₹530-crore deal

Mumbai Embassy Office Parks REIT has divested around 376,000 sq ft of two strata-owned blocks at its Embassy Manyata Business Park in Bengaluru for a total consideration of ₹530 crore to EAAA Alternatives' first commercial real estate fund, Rental Yield Plus (RYP). The acquisition marks the third investment from RYP, and consolidates the funds ownership within Greenheart Tech Park.