Embassy REIT Leases 1.4 Million Sq Ft to Commonwealth Bank
Real Estate

Embassy REIT Leases 1.4 Million Sq Ft to Commonwealth Bank

Embassy Office Parks REIT has successfully leased 1.4 million square feet of office space in Bengaluru to the Commonwealth Bank of Australia (CBA). This agreement marks a significant milestone for Embassy REIT, reinforcing Bengaluru's position as a top destination for multinational companies.

The leased space will accommodate Commonwealth Bank?s growing operations in India. This expansion reflects the bank?s commitment to strengthening its presence in the country, leveraging Bengaluru's tech talent and infrastructure.

Embassy REIT?s strategic focus on high-quality office assets in key markets continues to attract global companies. The deal highlights the growing demand for premium office spaces in Bengaluru, particularly from international corporations seeking long-term leases for operational expansion.

Embassy REIT?s portfolio includes over 45 million square feet of office spaces, and this latest deal is seen as a major boost to its leasing business. The agreement with CBA underscores the confidence multinational companies have in India's growing economy, especially in technology and financial services.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Embassy Office Parks REIT has successfully leased 1.4 million square feet of office space in Bengaluru to the Commonwealth Bank of Australia (CBA). This agreement marks a significant milestone for Embassy REIT, reinforcing Bengaluru's position as a top destination for multinational companies. The leased space will accommodate Commonwealth Bank?s growing operations in India. This expansion reflects the bank?s commitment to strengthening its presence in the country, leveraging Bengaluru's tech talent and infrastructure. Embassy REIT?s strategic focus on high-quality office assets in key markets continues to attract global companies. The deal highlights the growing demand for premium office spaces in Bengaluru, particularly from international corporations seeking long-term leases for operational expansion. Embassy REIT?s portfolio includes over 45 million square feet of office spaces, and this latest deal is seen as a major boost to its leasing business. The agreement with CBA underscores the confidence multinational companies have in India's growing economy, especially in technology and financial services.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?