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...
09 Jan, 2025, 03.35 PM IST
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...
06 Apr, 2024, 06.55 PM IST
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...
20 Oct, 2022, 06.15 PM IST
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...
21 Jul, 2022, 06.13 PM IST
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...
12 Apr, 2021, 04.44 PM IST
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.
15 Jan, 2021, 01.16 PM IST
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...
12 Jan, 2021, 12.18 PM IST
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...
24 Dec, 2020, 09.30 PM IST
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.
22 Dec, 2020, 10.33 AM IST
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...
15 Dec, 2020, 06.21 PM IST
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...
11 Dec, 2020, 09.36 PM IST
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 ...
11 Dec, 2020, 06.46 PM IST
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...
17 Nov, 2020, 03.50 PM IST
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...
22 May, 2020, 10.52 AM IST
Embassy Reit mulling option to buy Rs 6,500-crore office assetsEmbassy TechVillage tenants include Flipkart, Morgan Stanley and Wells Fargo.
13 Nov, 2019, 08.54 AM IST
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...
22 Mar, 2018, 11.13 AM IST
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.
02 May, 2014, 06.12 PM IST