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EMBASSY TECH VILLAGE
US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in BengaluruFinancial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 fl...
Embassy REIT delivers strong FY2026 growth with revenue up 13%Embassy REIT achieved exceptional results in FY2026. The company leased 6.4 million sq ft and saw revenue climb 13%. New office development...
US insurance firm The Standard expands India presence, opens second GCC in BengaluruThe Standard, a US-based insurance and financial services firm, has inaugurated its second global capability center (GCC) in Bengaluru, Ind...
Embassy REIT rents out 2.07 lakh sq ft office space in Bengaluru to cybersecurity firm RubrikEmbassy Office Parks REIT leased 2,07,000 square feet office space to cybersecurity firm Rubrik at Embassy TechVillage in Bengaluru, highli...
Embassy REIT to acquire Splendid TechZone asset in ChennaiEmbassy Office Parks REIT has agreed to acquire Embassy Splendid TechZone, a Grade-A business park, from Embassy Sponsor, for an Enterprise...
Embassy REIT delivers another strong quarter with 1.6 million square feet total lease in Q2FY23During the quarter, the REIT grew net operating income by13% from a year ago to Rs 703.8 cr, with an operating margin of 82%. It has also m...
Embassy Office Parks REIT leases 1.8 million sq ft across 25 dealsEmbassy Office Parks REIT has leased 1.8 million sq ft across 25 deals, including a 5.50 lakh sq ft pre-commitment from JP Morgan at Embass...
Embassy REIT commences vaccine centres with BBMP at Manyata Business Park and TechVillageThe pilot vaccination drive launched at Embassy Manyata Business Park and Embassy TechVillage, Bangalore on April 08, 2021, and April 09, 2...
Embassy REIT announces raises Rs 2,600 crore NCDThe Debenture Committee approved the allotment of these NCDs at a 6.40 per cent quarterly coupon.
Embassy Office Parks REIT board approves Rs 2,600-crore NCDsIn November 2020, Embassy Office Parks REIT had announced that it has agreed to acquire a large business park "Embassy TechVillage" in Beng...
Embassy Office Parks REIT completes Embassy TechVillage acquisitionThe ETV acquisition comprises nearly 6.1 million sq ft completed area, 3.1 million sq ft under-construction area, of which 36% is pre-lease...
Embassy REIT raises $501 million through institutional placementThe funds will be utilised to support the proposed $1.3-billion acquisition of Embassy TechVillage, an integrated office park in Bengaluru.
Embassy REIT to raise $500 million QIP to fund Embassy TechVillage acquisitionThe funds raised through this institutional placement will be utilised to support the proposed $1.3 billion acquisition of the Embassy Tech...
Embassy REIT gets shareholders’ approval to acquire Embassy TechVillageThe country’s first Real Estate Investment Trust (REIT) is planning to raise the funds through an institutional placement of units in one o...
Embassy REIT gets unitholders' nod to raise up to Rs 8k crEmbassy REIT is India's first publicly-listed REIT (Real Estate Investment Trust) sponsored by Blackstone and Embassy group. It got listed ...
Embassy REIT to acquire Embassy TechVillage in Bengaluru for $1.3 billionThis deal will be subject to approvals of REIT unitholders and regulatory bodies. Embassy REIT is exercising its right under the ROFO agree...
Swiggy seeks rent waiver from its landlord EmbassyThe company pays a rent of Rs 78 per sq ft for over 300,000 sq ft of space it occupies under the name Bundle Technologies in Embassy Tech V...
Embassy Reit mulling option to buy Rs 6,500-crore office assetsEmbassy TechVillage tenants include Flipkart, Morgan Stanley and Wells Fargo.
Embassy group to invest Rs 2,000 crore for IT Park in BengaluruFunds to be released over a period of 3-5 years and would be used to develop the Embassy TechVillage, expected to cover an area of 6 millio...
Embassy-Blackstone joint venture buys majority stake in Bangalore business parkA company spokesperson said that Embassy office Parks has acquired 60 per cent stake in Embassy TechVillage for nearly Rs 1,200 crore.