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Embassy REIT to invest Rs 3,800 cr in 4 years to complete construction of 61 lakh sq ft office space

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.

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Embassy REIT to invest Rs 3,800 crore in 4 years to complete construction of 61 lakh sq ft office space

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.

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Embassy Office Parks REIT: Embassy REIT to invest Rs 3,800 crore in four years, ET RealEstate

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.

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Embassy REIT s unitholders approve fundraise of up to Rs 3,000 crore through QIP

The resolutions passed will help Embassy REIT to fund the acquisition and will also help the REIT to optimize its balance sheet for future growth

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Embassy REIT Q4 results: Revenue up 8 percent at Rs 3,685 crore

The company distributed dividends worth Rs 2,022 crore, or Rs 21.33 per unit, in FY2024.

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