Embassy REIT buys Bengaluru office for ₹8,520 million


NEW DELHI: Embassy Office Parks REIT has signed definitive agreements to acquire a 0.3 million sq ft office property within Embassy GolfLinks Business Park in Bengaluru.

The transaction is valued at ₹8,520 million.

This grade-A asset is completely leased to a leading global investment firm, ensuring long-term cash flow visibility. The acquisition yields a net operating income (NOI) of approximately 7.9%, which is favorable compared to the REIT’s trading cap rate of 7.4% in Q2 FY2026, according to the company.

Amit Shetty, CEO of the company, stated, “With a fully leased, long-term asset backed by a prominent global investment firm, this acquisition reinforces our position in this key micro-market.”

PwC provided financial and tax due diligence for Embassy REIT, and Trilegal conducted title diligence. S&R Associates served as the legal advisor for the transaction.

  • Published On Dec 3, 2025 at 10:24 AM IST

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