Embassy Office Parks REIT, the real estate investment trust JV between Blackstone and Embassy Property Developments, is considering buy an office space worth Rs.65 bn from the latter. The space is in Bengaluru’s Embassy TechVillage project. At 8.5 per cent cap rate, the assets are estimated to be valued at Rs.12,000 per sq ft. Contact: Jitendra Virwani, Managing Director, Embassy Property Developments.Address: Embassy Point, 1st Floor, 150 Infantry Road, Bengaluru-560 001.Tel: 080-4179 9999Website: www.embassyindia.com