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MANYATA BUSINESS PARK
Target Corp leases 8.3 lakh sq ft office space in Bengaluru for 10 yearsUS retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Em...
Embassy REIT's ₹530-crore dealMumbai Embassy Office Parks REIT has sold two blocks at its Embassy Manyata Business Park in Bengaluru. The deal, valued at ₹530 crore, inv...
Embassy REIT sells 376,000 sq ft office blocks in Bengaluru to EAAA Rental Yield FundEmbassy Office Parks REIT has sold 376,000 square feet of space at its Bengaluru business park. The deal, valued at Rs 530 crore, was with ...
Simpliwork Offices leases 1,50,000 Sq. ft. at Embassy Manyata, expands flexible workspace footprint in BangaloreSimpliwork Offices has leased 150,000 square feet of prime office space from the Embassy REIT portfolio in Bangalore to expand their presen...
Bengaluru rains once again flood tech park amid IMD yellow alert. Netizens say 'lakes and waterfalls are back'Bengaluru continues to grapple with heavy rainfall, leading to flooding at Manyata Tech Park, a key IT hub. However, swift action, includin...
Embassy REIT raises Rs 2,000 crore debtEmbassy REIT, India’s first listed REIT, has raised Rs 2,000 crore debt at a 7.95% interest rate to repay its NCDs maturing in October 2024...
Embassy REIT signs its largest built-to-suit Lease with global banking major Commonwealth Bank of AustraliaEmbassy REIT has announced a lease agreement with Commonwealth Bank of Australia to develop 1.4 million square feet of office space in Indi...
Embassy Office Parks REIT, Hilton to develop hotels in BengaluruThe upcoming dual-branded hotel will include two hotels - a Hilton Hotels & Resorts brand hotel and a Hilton Garden Inn brand hotel and wil...
Embassy REIT opens first Hilton Garden Inn Hotel in BengaluruThis 353-key hotel is part of the upcoming Hilton Hotels Embassy Manyata complex comprising 619 key dual-branded Hilton properties – Hilton...
Embassy OfficeParks REIT leases office space to NokiaAccording to sources in the market, Nokia has a presence in the business park for around a decacde and had a portion of its lease agreement...
Embassy REIT raises Rs 4,600 cr debt at 6.5%The proceeds from the debt raised from mutual funds and insurance companies will be utilised by Embassy REIT to repay its existing zero-cou...
Office, IT parks step in to support vaccinationIn Bengaluru, Embassy REIT along with civic body Bruhat Bengaluru Mahanagara Palike (BBMP) set up Covid vaccine centres at Embassy Manyata ...
Embassy REIT plans to vaccinate over 4,900 frontline staffThe county's first Estate Investment Trust Embassy along with Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative body responsibl...
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 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...
Embassy lines up Rs. 250 crore for metro station and flyoverPUBLIC-PRIVATE PACTS: Station to come up at Kadubeesanahalli on KR Puram-Silk Board line; flyover near Manyata Business Park at Nagawara.
Manyata park blames government for traffic messAccording to the Embassy Group chairman, Bengaluru development minister KJ George said that the flyover project has to move fast, but nothi...
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...
Manyata Promoters to raise Rs 750 crore from Edelweiss NBFC“Part of the money will be used to clear debt that the company had taken to buy land and for general business," one of the people said.
- Wipro, Cognizant, IBM for big-ticket realty deals
Riding on the rapid recovery from recession, many large firms are signing up big-ticket commercial real estate deals in different parts of ...