Embassy REIT acquires marquee office asset for ₹8,520 million
after close1 source ↓written by the desknot a recommendation
- in Bengaluru
- ₹8,520 million
- property is fully
- 0.3 msf
Embassy REIT has announced the acquisition of a marquee office asset in Bengaluru for ₹8,520 million. This 0.3 msf property is fully leased to a global investment firm, enhancing Embassy REIT's position in the prime office market. The transaction is expected to be DPU-accretive, aligning with its growth strategy.
Not investment advice. For informational purposes only.