Tag: Embassy Office Parks REIT

Embassy REIT raises Rs 2,600 crore via debentures to refinance existing debt

NEW DELHI: Embassy Office Parks REIT on Friday said it has raised Rs 2,600 crore through issue of non-convertible debentures to refinance an existing debt of its IT park ‘Embassy TechVillage’ in Bengaluru. In a regulatory filing at BSE, the company said it has “successfully priced and allotted by way of a private placement, Rs […]

Embassy REIT raises Rs 3,680 crore to fund acquisition of Embassy Tech Village

NEW DELHI:Embassy Office Parks REIT has raised Rs 3,680 crore (USD 501 million) through sale of units to institutional investors and will use this amount to partly fund its acquisition of IT park ”Embassy TechVillage” in Bengaluru. Embassy REIT is India”s first publicly-listed REIT (Real Estate Investment Trust) sponsored by Blackstone and Embassy group. It […]

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