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Embassy REIT Ramps Up Investment for Office Space Expansion 0
- Industry News
- May 8, 2024
Embassy Office Parks REIT announces a Rs 3,800 crore investment to develop 61 lakh sq ft of premium office space in Bengaluru to expand its rental portfolio. The project, part of a broader strategy to meet rising demand, will enhance the Embassy’s 36.5 million sq ft portfolio.
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Embassy REIT Leases 2.07 Lakh Sq Ft to Cybersecurity Firm Rubrik at Embassy TechVillage 0
- Industry News
- January 15, 2025
Embassy Office Parks REIT has leased 2.07 lakh sq ft of office space to cybersecurity firm Rubrik at Embassy TechVillage, Bengaluru. Facilitated by Colliers, the deal supports Rubrik’s expansion in India. Embassy REIT, India’s first listed REIT, boasts a 511 lakh sq ft portfolio across major cities, including Bengaluru.
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Embassy Group Plans IPO for WeWork India 0
- Industry News
- May 3, 2024
Embassy Group plans to take WeWork India public to capitalise on the growing demand for flexible workspaces. This IPO intends to accelerate WeWork India’s expansion and strengthen its market position, aligning with the Embassy’s strategy to support entrepreneurial communities and enhance workplace dynamics.
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EFC India Expands Coworking Space by 3.6 Lakh Sq Ft in Noida and Pune 0
- Industry News
- May 29, 2024
EFC India has expanded its coworking spaces by adding 3.6 lakh sq ft in Noida and Pune. This expansion boosts their portfolio to over 1.5 million sq ft across 35+ centres in seven states, offering nearly 50,000 seats.
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EFC (I) Ltd Launches India’s First Managed Office Space SM REIT 0
- Industry News
- November 25, 2024
EFC (I) Ltd launches EMBERSTONE SM REIT, India’s first managed office space-focused Small & Medium Real Estate Investment Trust, with SEBI approval to raise ₹500 crore. This milestone boosts EFC’s portfolio, enhances Assets Under Management, and underscores its innovative approach. Strong Q2 FY25 financial growth reflects robust market demand.
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Economic Impact of Flex Workspaces on Urban Development 0
- Leadership
- June 19, 2024
Flex workspaces are redefining urban development by creating jobs, boosting economies, and promoting sustainability. In India, this market is projected to contribute USD 2.2 billion by 2025, driving significant economic and infrastructural growth.
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