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Brookfield India REIT has raised ₹3,500 crore via a QIP, drawing marquee investors like IFC and LIC, marking their first investment in an Indian REIT.
- 16th Dec 2024
- 1145 Views
India’s top seven cities hold 526.3 million sq ft of rent-yielding office space worth ₹4.5 lakh crore, eligible for REIT inclusion and stock exchange listing, according to Vestian.
- 7th Dec 2024
- 1174 Views
K Raheja Corp Investment Managers, the manager of Mindspace Business Parks REIT, has resolved a regulatory case with SEBI by paying ₹68.73 lakh as a settlement fee. The matter pertained to alleged REIT rule violations, and the company settled without admitting or denying SEBI’s findings.
- 30th Nov 2024
- 1150 Views
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
- 1177 Views
Over 350 million square feet of developed commercial office space will propel India's SM REITs market to $60 billion by 2026. This regulation increases openness, investor protection, and engagement. Union Budget tax revisions and SEBI framework boost real estate securitisation.
- 8th Sep 2024
- 1179 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
- 1218 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
- 1235 Views
The Indian real estate investment trust (REIT) market is on the brink of a monumental expansion, poised to redefine the landscape of office real estate.
- 19th Feb 2024
- 1286 Views
K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.
- 1st Nov 2023
- 1475 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
- 1758 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
- 1422 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
- 1529 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
- 1479 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
- 1453 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
- 1493 Views