Embassy REIT Expands Presence in Bengaluru with Strategic Grade A Office Acquisition

Embassy REIT has announced the acquisition of a fully leased Grade A office asset located within the heart of Embassy GolfLinks in Bengaluru. With this latest addition, the country’s first publicly listed real estate investment trust continues to deepen its presence in a micro market that has consistently demonstrated strong leasing traction and sustained rental growth. The company noted that the property is occupied by a leading global investment firm, reflecting the continued appeal of high quality commercial spaces in India’s technology capital.

This acquisition aligns with Embassy REIT’s strategy of expanding through yield accretive office investments in India’s most active business districts. Embassy REIT currently owns and operates a portfolio spanning 50.8 million square feet across Bengaluru, Mumbai, Pune, Delhi NCR and Chennai. The operating portfolio covers 40.9 million square feet and houses more than 270 global corporations, making it one of the most significant office owners in Asia.

Amit Shetty, Chief Executive Officer of Embassy REIT, stated that the latest purchase highlights the trust’s confidence in India’s office sector. He said Bengaluru continues to lead as the country’s strongest commercial hub and remains home to several global technology companies and large scale global capability centres. Embassy GolfLinks in particular continues to attract steady demand from multinational tenants seeking well connected and institutionally managed office spaces.

The transaction is expected to close after the completion of customary approvals and pre closing conditions. Embassy REIT received advisory support from PwC for financial and tax due diligence, while Trilegal assisted with title diligence and S and R Associates acted as the legal advisor.

As the Indian commercial real estate market continues to expand, Embassy REIT’s growing footprint across major metros reflects the sector’s long term potential. The acquisition also underscores the increasing preference among global occupiers for high quality and professionally managed office environments. Market analysts note that Bengaluru’s office demand is expected to stay robust due to strong hiring pipelines and ongoing expansion by technology and financial services firms.