Embassy REIT To Acquire Rs 8.52bn Office Asset At Embassy GolfLinks

09 Dec 2025 CW Team

Embassy Office Parks REIT, India’s first listed real estate investment trust, has entered into a definitive agreement to acquire a 0.3 million sq ft Grade-A office property in Embassy GolfLinks Business Park, Domlur, Bengaluru, for Rs 8.52 billion. The high-quality asset is fully leased to a leading global investment firm.

Chief Executive Officer Amit Shetty said the third-party acquisition aligns with Embassy REIT’s strategy of expanding through yield-accretive investments in India’s most dynamic office markets. He noted that Bengaluru remains the country’s “office capital”, and Embassy GolfLinks is a preferred hub for top global technology and GCC occupiers. The fully leased, long-tenured asset would further strengthen the REIT’s position in the micro-market, he added.

The property offers a net operating income of 7.9 per cent, higher than the REIT’s Q2 FY26 trading cap rate of 7.4 per cent. The acquisition is subject to completion of customary conditions precedent and pre-closing requirements. PwC advised the REIT on financial and tax due diligence, Trilegal on title diligence and S&R Associates acted as legal counsel.

Embassy REIT said the move reflects its focus on disciplined expansion to enhance cash flows, deliver value for unitholders and maintain world-class workplace standards for occupiers.

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