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Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.
- 27th Oct 2024
- 1137 Views
Amazon, Cognizant, IBM, Accenture, and McKinsey are renewing leases in India's office space market, which is booming. Bangalore led the list of cities where major firms renewed office space, with 1.6 million square feet renewed between January and July 2024.
- 3rd Sep 2024
- 1174 Views
IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant
- 31st Aug 2024
- 1214 Views
SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.
- 6th Oct 2023
- 1695 Views
Embassy office parks REIT, the first listed REIT in India and the largest office REIT in Asia by area, has issued coupon-bearing Non-Convertible Debentures ("NCDs") totaling Rs 1050 crores.
- 8th Jun 2023
- 1408 Views
Embassy Business Hub, a Bangalore office building of 1.4 million square feet, will be acquired by Embassy Office Parks REIT for Rs 3,348 million (USD 41 million).
- 28th Mar 2023
- 1505 Views
Embassy office parks REIT has dedicated over Rs 300 crores to its ESG program throughout its pan-India portfolio of 43.6 million square feet.
- 13th Mar 2023
- 1456 Views
Bajaj Housing Finance has extended a INR 1000 Crore term loan to Embassy Office Parks REIT, India's first publicly traded real estate investment trust and Asia's biggest by area.
- 18th Feb 2023
- 1433 Views
Embassy Office Parks REIT, India's first publicly traded real estate investment trust, and global hospitality business Hilton have established the Hilton Bengaluru Embassy Manyata Business Park and the Hilton Convention Centre in Bengaluru.
- 2nd May 2022
- 1482 Views
Embassy Office Parks REIT has committed to achieving net zero carbon emissions throughout its operating portfolio by 2040, three decades ahead of India's 2070 objective announced at the Glasgow COP26 meeting in 2021.
- 20th Mar 2022
- 1470 Views
According to informed sources, Embassy Office Parks REIT would invest close to Rs 900 crore to create nearly two million square feet of office space in Bengaluru's Embassy Tech Village. This development is being spearheaded by Embassy Office Parks REIT.
- 31st Jan 2022
- 1627 Views
Embassy Office Parks REIT Acquires ROFO (Right of First Offer) For a Property in Chennai
- 29th Jan 2022
- 1530 Views