Starting its next phase of growth in India, Blackstone-backed Embassy Office Parks REIT has announced an investment of Rs.23 bn for construction of 5.7 mn sq ft of office space over the next three years in cities including Bengaluru. The REIT completed the acquisition of the Rs.97.80 bn Embassy Tech Village in December and raised Rs.36.80 bn through an institutional placement to fund the acquisition. It launched 1.9 mn sq ft of new on-campus office development at ETV. It is further looking at large scale dominant office spaces in six top cities, including Bengaluru, Pune and Chennai, for inorganic expansion.Contact: Embassy Office Parks REIT.Tel: 080-4722 2222.E-mail: secretarialteam@embassyindia.comWebsite: www.embassyofficeparks.com