India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Bain Capital has sold a 5.64% stake in Embassy Office Parks REIT for ₹2,325 crore. The sale comes as Embassy REIT plans to acquire 10–12 million sq. ft. of office space and develop an additional 6.2 million sq. ft., supported by strong demand in the flexible workspace.
READ MORE
Embassy Office Parks REIT plans to expand its portfolio by 10–12 million sq ft over the next three to four years as demand for premium office space remains strong. The REIT is developing 6.2 million sq ft while pursuing acquisitions, with GCCs driving leasing and managed flexible workspaces gaining momentum.
READ MORE
Embassy Office Parks REIT announced a quarterly distribution of ₹616 crore, bringing FY26 payouts to ₹2,396 crore. Strong leasing of 6.4 million sq ft and double-digit growth in revenue and NOI highlight robust performance. The REIT plans to raise ₹9,000 crore in debt to fuel expansion and long-term growth.
READ MORE
Embassy Office Parks REIT has acquired Pinehurst at Embassy GolfLinks Business Park from Xander for ₹852 crore. The deal marks India’s first listed REIT acquisition from a third party, signalling market maturity, expanding investment avenues, and stronger exit options for private equity in commercial real estate.
READ MORE
Embassy Office Parks REIT is acquiring a 0.3 million sq ft Grade-A office block in Bengaluru’s Embassy GolfLinks Business Park for ₹852 crore. Fully leased to a top global investment firm, the asset delivers a 7.9% yield, above the REIT’s trading cap rate and accretive to distributions for unit holders.
READ MORE
Embassy REIT has leased 2.07 lakh sq. ft. to cybersecurity firm Rubrik at Embassy TechVillage, Bengaluru. Facilitated by Colliers, the deal strengthens Rubrik’s India presence. Embassy REIT, India’s first listed REIT, manages a 511 lakh sq. ft. portfolio across key cities, reflecting the rising demand for premium commercial office spaces.
READ MORE