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Bangalore-based Embassy Group Plans IPO for WeWork India Following Full Acquisition

Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.

By Admin

  • 26th Apr 2024
  • 1150 Views
Indiabulls Real Estate Gets INR 1160 Crore Boost from Embassy Group

Embassy Group invested Rs 1,160 crore in Indiabulls Real Estate. Preferential allocation brings additional cash into Indiabulls, enabling new South Indian real estate developments.

By Admin

  • 7th Apr 2024
  • 1173 Views
Embassy Group Introduces Premier Living Spaces in Bengaluru's Whitefield

Embassy Group is set to redefine luxury living in Bengaluru's Whitefield with a joint development venture covering 3.75 acres.

By Admin

  • 10th Feb 2024
  • 1199 Views
The Legend by Ashar - A Symphony of Ultra-Luxury Living in The Heart of Bandra

The Legend by Ashar epitomises ultra-luxury living in Bandra, Mumbai. Based on the charm and elegance of iconic actor Dilip Sahab, this non-redevelopment boutique property on Pali Hill offers a high quality of life. The Legend offers enormous villas with vintage charm and peaceful elegance.

By Admin

  • 27th Jan 2024
  • 1180 Views
SMFG India Credit and Fullerton Financial Holdings Lease Almost 2 Lakh Sq Ft in Embassy 247 Vikhroli, Mumbai

SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.

By Admin

  • 6th Oct 2023
  • 1389 Views
Embassy Group Will Launch a 4 Million Sq Ft Residential Portfolio

Embassy Group in Bangalore will develop a 4 million-square-foot residential portfolio and anticipates revenue of Rs 3300 crore.

By Admin

  • 10th Jul 2023
  • 1256 Views
Embassy Office Parks REIT Raises 1050 Crore Indian Rupees Via NCD Issue

Embassy office parks REIT, the first listed REIT in India and the largest office REIT in Asia by area, has issued coupon-bearing Non-Convertible Debentures ("NCDs") totaling Rs 1050 crores.

By Admin

  • 8th Jun 2023
  • 1290 Views
Bangalore Based Embassy Group Records Brilliant Residential Earnings Fiscal Year 2023

The Bangalore-based Embassy Group, one of the leading real estate developers in India, achieved one of its greatest residential revenue growths ever in fiscal year 2023, recording revenues of Rs. 1,370 crore, a 210% increase year-over-year.

By Admin

  • 4th Jun 2023
  • 1284 Views
Embassy REIT Announces INR 3348 Million Acquisition of Embassy Business Hub in North Bangalore

Embassy Business Hub, a Bangalore office building of 1.4 million square feet, will be acquired by Embassy Office Parks REIT for Rs 3,348 million (USD 41 million).

By Admin

  • 28th Mar 2023
  • 1357 Views
Embassy REIT commits Rs 300 Cr Towards to its ESG and Green Initiatives As Part of Its 2040 Net Zero Carbon Operations Goal

Embassy office parks REIT has dedicated over Rs 300 crores to its ESG program throughout its pan-India portfolio of 43.6 million square feet.

By Admin

  • 13th Mar 2023
  • 1361 Views
Embassy REIT Secures INR 1000 Cr Term Loan From Bajaj Housing Finance

Bajaj Housing Finance has extended a INR 1000 Crore term loan to Embassy Office Parks REIT, India's first publicly traded real estate investment trust and Asia's biggest by area.

By Admin

  • 18th Feb 2023
  • 1340 Views
Atkins Increases its Commercial Footprint in India by Opening a New Office at Embassy 247 Office Park, Vikhroli West in Mumbai

SNC-Lavalin-owned Atkins has expanded in India. Atkins' Global Technology Center (GTC) in India, which is part of its global delivery model, is in Mumbai.

By Admin

  • 8th Dec 2022
  • 2329 Views
Embassy Services is Developing a Sustainability Framework for Building Management

The real estate management division of Embassy Group, known as Embassy Services (ESPL), has released a set of guidelines for environmental, social, and governance in its real estate operations (ESGRO).

By Admin

  • 30th Aug 2022
  • 1517 Views
The Embassy Manyata Hilton Hotel and Convention Centre Officially Launched in Bengaluru

Embassy Office Parks REIT, India's first publicly traded real estate investment trust, and global hospitality business Hilton have established the Hilton Bengaluru Embassy Manyata Business Park and the Hilton Convention Centre in Bengaluru.

By Admin

  • 2nd May 2022
  • 1438 Views
Colliers Collaborates with Embassy Group and SAS Infrastructure on the Development of Three Office Complexes in Hyderabad

Colliers has launched a joint venture with the Embassy Group and SAS infra to build three office complexes totaling 14 million square feet in Hyderabad.

By Admin

  • 30th Apr 2022
  • 1325 Views
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