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EMBASSY TECH ZONE
Infosys BPM leases 130,000 sq ft office space in Pune's HinjewadiInfosys BPM has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months, with monthly rentals set at Rs...- Volkswagen India tech arm leases 3 floors office space in Pune's HinjewadiThe company has leased the space spread over more than 1.23 lakh sq ft in Hudson Block forming part of Embassy Tech Zone in Rajiv Gandhi In...
- 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...
- Assocham asks govt not to impose any geographic bar on data embassiesThe Data Centre Council of the Associated Chambers of Commerce and Industry of India in its representation to Minister of State for Electro...
- Embassy REIT plans to invest more than Rs 3,200 crore in four yearsThe REIT has also signed non-binding offer letters to buy two office buildings from Embassy Sponsor and its affiliates in Bengaluru and Che...
- 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 announces FY2022 results, delivers on enhanced leasing and distribution guidanceThe India’s first listed Real Estate Investment Trust (REIT) and the largest in Asia also reported an 26 per cent increase in revenues at R...
- Embassy Group leases out 85,000 sq ft to Acsia Technologies in TrivandrumThe new facility can accommodate more than 1,000 new employees, reinforcing Trivandrum’s position as one of South India’s preferred busines...
- Embassy REIT gets right of first offer for Chennai property"The acquisition, which comprises nearly 5 million sq ft of office assets in Old Pallavaram, Chennai, is expected to take around six months...
- Allianz Group leases 4.63 lakh sq ft in Embassy Taurus TechZone“This also reaffirms our commitment to further grow in this location that’s home to over 5,500 Allianz employees and remains one of the sin...
- Embassy REIT receives regulatory approval for simplifying the holding structure of Embassy ManyataEmbassy REIT had initiated the scheme to simplify its holding structure by reducing the shareholding tiers and to increase the dividend com...
- Embassy Taurus TechZone sets up prefabricated office space in ThiruvananthapuramThe 800-seat incubation facility is designed to assist businesses with beginning work and getting up to speed, prior to their office spaces...
- Embassy REIT raises Rs 750 crore via NCDsThe funds raised will be used to drive growth through on-campus development projects and the recently announced acquisition of Embassy Many...
- Embassy REIT to acquire property maintenance business from Embassy GroupThe proposed acquisition will be funded through coupon bearing debt at REIT level. Acquisition consideration is at 8.5% discount to average...
- Phoenix buys back SEZ stakes from EmbassyProjects did not fit in with Embassy’s recent REIT and hence its exit from them; portfolio has 33 m sq ft of office space.
- Embassy to List Select Office Assets via REITIn 2012, Embassy divested 50% in its office portfolio to Blackstone. The joint venture company, Embassy Office Parks, has 16.2 million sq f...
- Government nod for four developers willing to set up new SEZsThe other three developers who got the green signal are Worldwide Oilfield Machine, Embassy Property Developments and Horizoneview properti...
- Embassy Group acquires SEZ project from SNP infraEmbassy Group has partially acquired a stalled SEZ project in Chennai from SNP Infrastructure for an undisclosed amount.
- Embassy Group plans to divest 30 per cent in office business to raise Rs 4,500 croreEmbassy Group is in the process of consolidating its office business, which could be a precursor to the company’s second round of fund rais...
- PE firm Blackstone inks India’s biggest commercial real estate acquisition dealBlackstone has inked a deal which will give it 50% stake in a Bangalore builder-owned portfolio of 3 biz parks for $200 mn.
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