To expand its portfolio, Aravind Maiya, Chief Executive Officer of Embassy REIT, said the company is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players.
Embassy REIT, which is India s first publicly listed Real Estate Investment Trust (REIT), currently has 36.5 million (365 lakh) square feet of completed office space across Bengaluru, Mumbai, Pune and Delhi-NCR.
REITs allow investors to participate in the real estate market without direct ownership, offering returns through dividends and potential capital appreciation. Investing in REITs through a demat account involves choosing a broker offering access to REIT investments, researching suitable REITs.
Embassy Office Parks REIT: To expand its portfolio, Embassy REIT is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players.
REITs are required to distribute a significant portion of their income as dividends to shareholders, making them attractive for income-seeking investors.