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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..